BitMine just dropped a serious move, snapping up enough ETH to push their treasury all the way to 5.54 million. That gives them direct control over 4.59 percent of the entire circulating supply.

It is a hefty position that changes how we look at large holders in the space. The daily RSI is sitting neutral right around 50, so the path forward is still open. Bulls need to push through the immediate resistance at $1,747 and then the big psychological $2,000 level if they want to avoid slipping back toward that $1,385 macro support zone.

Watching how this plays out with $ETH $BTC and $SOL will be key in the coming days.

#Ethereum #CryptoTreasury #ETH #Bitcoin #Altcoins