$BMNR Now 29.28, today +5.44%. Intraday low 27.35, high 29.33—basically closed near the high. Trading value 31.7M, also indicating volume expansion. This move wasn’t pulled for no reason.
Tom Lee’s Bitmine added another $74M worth of ETH and even directly called that the bull market is "underway". Note the logic: $BMNR is essentially an Ethereum reserve company; when ETH rises, it rises too. That’s structural beta, not sentiment-driven hype. Earlier, BTC broke above 87k and ETH followed; B. Riley is also pushing for SEC tokenization rules and recent catalysts like the Trump–Xi meeting. The whole crypto equities sector is being repriced.
My view: 27.35 is the support level confirmed today. If it breaks down, be wary of a false breakout. The 29.33 level above is short-term resistance—only if it holds on increased volume will there be room for the next move. If entering, I prefer buying on a pullback into the 27.5–28 range in batches, with a stop loss below 26.8—that’s the structural prior low. If that breaks, it means the bulls’ thesis is temporarily not working.
I won’t chase at the top. ETH is the anchor for $BMNR 😐 Watching ETH is more useful than watching it on its own.
#CryptoStocks
Tom Lee’s Bitmine added another $74M worth of ETH and even directly called that the bull market is "underway". Note the logic: $BMNR is essentially an Ethereum reserve company; when ETH rises, it rises too. That’s structural beta, not sentiment-driven hype. Earlier, BTC broke above 87k and ETH followed; B. Riley is also pushing for SEC tokenization rules and recent catalysts like the Trump–Xi meeting. The whole crypto equities sector is being repriced.
My view: 27.35 is the support level confirmed today. If it breaks down, be wary of a false breakout. The 29.33 level above is short-term resistance—only if it holds on increased volume will there be room for the next move. If entering, I prefer buying on a pullback into the 27.5–28 range in batches, with a stop loss below 26.8—that’s the structural prior low. If that breaks, it means the bulls’ thesis is temporarily not working.
I won’t chase at the top. ETH is the anchor for $BMNR 😐 Watching ETH is more useful than watching it on its own.
#CryptoStocks
