#BitMine66WeekETHStreak592M

#ETH is sitting at an interesting level — and BitMine’s accumulation adds another layer to the story.
ETH is around $2,495, with roughly $11.9B in 24h volume. Price is currently struggling around the $2,500 psychological level.
Meanwhile, BitMine added another 28,086 ETH (~$70M), taking its holdings to 5,929,198 ETH, or about 4.9% of total supply. That puts it roughly 97% of the way toward its 5% target.
For ETH, my map is simple:
Resistance: $2,500–2,505 → $2,550 → $2,600
Support: $2,440–2,450 → $2,400 → $2,300
Bullish setup: I want to see ETH reclaim $2,505 and hold it with improving volume. That opens the path toward $2,550–2,600.
Bearish setup: Rejection around $2,500 followed by a loss of $2,440 could bring $2,400, with $2,300 becoming the deeper support.
Trading strategy: I wouldn't chase ETH directly under resistance. Either wait for a confirmed breakout/retest above $2,505, or look for a controlled pullback that holds $2,440–2,450.
BitMine's continued accumulation is a constructive supply-demand signal, but it doesn't guarantee an ETH rally. The chart still needs to confirm it.
My bias: cautiously bullish above $2,440; stronger bullish confirmation above $2,505.
Not financial advice — position size and leverage should match your risk.
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