ETH: Pentosh1 Flags BMNR Accumulation Ahead of 3K

ETH draws fresh attention after @Pentosh1 highlighted $BMNR returning to 1.05x NAV, signaling potential stepped-up Ethereum purchases and a near-term run toward 3,000.

The trader opened a quarter position at 1,766 and views dips as accumulation zones while monitoring the ETH/BTC pair sitting just below prior resistance and the ETH/SOL pair maintaining its year-long uptrend.

On the 4-hour chart ETH holds a bullish trend structure at 2495.29 with the EMA50 at 2395.52 acting as concrete support and the EMA200 at 2112.75 providing deeper floor; price sits inside the Bollinger Bands testing upper resistance at 2525.82 while RSI at 57.25 remains neutral and MACD shows a bearish death cross at 23.16, suggesting a healthy retracement toward the 50-EMA before continuation.