Let’s review this news flash:
① What happened: BitMine posted a net loss of approximately $6.313 billion for fiscal year 2026.
② Why it matters: The news is bearish, and sentiment and leveraged positions are likely to be affected first. The key question is whether selling pressure will be released all at once or build gradually.
③ What I’ll watch: Whether large holders’ wallets show unusual activity, and whether any opposing news emerges to offset the impact.
④ What I’ll do: I’ll hold off for now and wait for selling pressure to clear and the candlestick chart to stabilize before reassessing.
Back to the market: $ETH is currently at 2056.57, down 3.39% over 24 hours, with an intraday range of 2006–2132.07.
In one sentence, what’s your take right now?
① What happened: BitMine posted a net loss of approximately $6.313 billion for fiscal year 2026.
② Why it matters: The news is bearish, and sentiment and leveraged positions are likely to be affected first. The key question is whether selling pressure will be released all at once or build gradually.
③ What I’ll watch: Whether large holders’ wallets show unusual activity, and whether any opposing news emerges to offset the impact.
④ What I’ll do: I’ll hold off for now and wait for selling pressure to clear and the candlestick chart to stabilize before reassessing.
Back to the market: $ETH is currently at 2056.57, down 3.39% over 24 hours, with an intraday range of 2006–2132.07.
In one sentence, what’s your take right now?
