Bitmine Stakes Additional 162K ETH

Tom Lee of Fundstrat drives Bitmine to stake an additional 162,088 ETH valued at $366M, pushing its total staked holdings to 4,194,029 ETH or $9.48B, representing 82.59% of its overall portfolio as Ethereum staking trends accelerate in the crypto market.

Zooming into the 4-hour ETH chart, price action clings to $2269.84 amid a bearish structure where the EMA50 at $2298.96 caps upside like a stubborn ceiling, while the EMA200 at $2252.23 offers fragile long-term support just below. MACD's death cross at -14.88 screams ongoing downside pressure, yet neutral RSI at 45.49 hints at no immediate exhaustion. Price dances inside Bollinger Bands, testing the upper resistance at $2330.16 without conviction, setting up a potential slide toward the lower support at $2228.71 if volatility spikes—watch for confluence here as ETH price prediction models eye a retracement before any Bitcoin-fueled rebound, especially with BTC hovering in similar macro uncertainty.