#Ethereum Price Prediction: Can ETH Hold Above $3,600 — or Will BitMine’s $3B ETH Stack Slip Below the Line?

Ethereum is facing a crucial technical crossroads as it hovers just below the $3,687 resistance level. While recent price action has shown resilience, key indicators such as the MACD and RSI suggest weakening momentum and growing uncertainty in the short term.

Meanwhile, institutional confidence remains strong. BitMine Immersion Technologies, chaired by Tom Lee, has rapidly expanded its Ethereum treasury—adding over 208,000 ETH in the past week alone. This brings its total holdings to 833,137 ETH, now valued at more than $3 billion, positioning BitMine as the fourth-largest crypto treasury holder globally.

However, if Ethereum fails to break above resistance and begins to retrace toward the $3,469 or $3,352 support levels, BitMine’s ETH stack could drop below the $3 billion mark. With the broader market watching for signals from the Fed and potential August rallies, ETH’s next move could have significant implications not just for price, but for institutional treasuries and investor sentiment across the space.

#Bitmine $ETH

Read the full analysis: www.ecoinimist.com/2025/08/05/ethereum-price-prediction-bitmine-3-b