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Major positive news shocks the market! Bitmine invests a massive $236 million to buy the dip in Ethereum.
Currently, over 39 million ETH are staked and locked, significantly reducing circulating sell-off chips in the market. Coupled with institutions continuously accumulating at low levels and locking in holdings, market selling pressure is further suppressed.
At the same time, Ethereum's built-in deflationary destruction mechanism continuously reduces the total token supply, highlighting its long-term value advantage. With multiple positive factors resonating, bearish momentum continues to weaken, and the downside space is fully limited.
The current market is oscillating repeatedly, but in fact, it is a process of accumulating strength at the bottom and building a foundation, with support gradually solidifying. There is no need to panic, sell in fear, or be blindly pessimistic; stay patient and hold your position, as the turning point for a market reversal and rebound is imminent. $BTC $ETH #比特币突破7.9万美元