Tom Lee: Ethereum as Wartime Store of Value

Fundstrat's Tom Lee labels Ethereum a 'wartime store of value' as mining giant Bitmine snaps up $236 million in $ETH, signaling institutional confidence in crypto's resilience despite global tensions.

Zooming into the 4h chart, ETH trades at $2289.05 in a clear bearish structure, with price hugging the EMA200 support at $2247.65 while the EMA50 looms overhead at $2326.73 as immediate resistance. MACD confirms the death cross with a -4.73 reading, underscoring bearish momentum, yet neutral RSI at 41.27 hints at no extreme oversold conditions; price sits snug inside Bollinger Bands, testing the lower support at $2269.36 that could trigger a bounce if bulls defend it, especially with upper resistance at $2381.69 capping any quick upside—watch for confluence here as a break below might accelerate ETH price prediction downside toward recent lows, mirroring Bitcoin's BTC volatility in this macro uncertainty.