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by: xpoolPosted on: October 16, 2025

Ethereum Faces Bearish Signal Despite BitMine’s Large Investment

Recent market activity has presented Ethereum with both bullish and bearish indicators. On October 16, 2025, BitMine purchased $417 million worth of ETH, illustrating sustained institutional confidence in the platform despite concerns about a potential bearish signal based on MACD analysis.

Related posts:

  1. Ethereum’s MACD Crossover Signals Potential Price Breakout
  2. Ethereum’s MACD Signals Potential Bearish Trend
  3. Ethereum Flashing Warning Signs Ahead of Potential Price Drop
  4. Ethereum’s Breakout Potential Highlighted as Market Surges
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