BitMine: Tom Lee Adds $151M Ethereum

BitMine just deployed $151 million into Ethereum as price tested $2098.31 lows, calling the dip an attractive opportunity.

Over the past six months institutional wallets have mirrored this pattern during every sharp correction, accumulating ahead of macro catalysts. With price testing upper Bollinger resistance at $2264.42 while RSI flashes oversold at 24.77 and MACD prints a clear death cross below the zero line, a healthy retracement to the 50-EMA support at $2229.80 looks probable before any sustained bounce. Traders watching ETH price prediction models now factor this exact confluence into accumulation algorithms.