Tom Lee Retweets Analyst Mark Newton, Predicts ETH Bottom in Hours — BitMine Previously Called $4,070 Short-Term Low

ETH

ETH/USDT

$2,351.44

+4.30%

$2,351.44

+4.30%

(24s)

24h Volume

$25,502,143,762.24

24h H/L

$2,380.82 / $2,221.54

Change: $159.28 (7.17%)

Long/Short

55.5%

Long: 55.5%Short: 44.5%

Funding Rate

+0.0071%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,350.27

▲ 1.01%

Volume (24h): -

Resistance Levels

Resistance 3$2,618.86

Resistance 2$2,426.80

Resistance 1$2,381.89

Price$2,350.27

Support 1$2,302.79

Support 2$2,245.57

Support 3$2,122.25

Pivot (PP):$2,302.79

Trend:Uptrend

RSI (14):85.0

On August 26, COINOTAG reported that BitMine Board Chairman Tom Lee retweeted analyst Mark Newton and quoted an expectation that ETH could find a short-term bottom within hours, reflecting active commentary from prominent market participants.

Last week, Lee and his research team identified a short-term trough for Ethereum near $4,070, a call that aligned with subsequent price action and highlighted the group’s near-term technical read on the market.

Market observers note that such public commentary can influence market sentimentrisk management practices rather than treating it as a standalone trade signal.

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