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📉 BitMine Chief: Ethereum Bottom Has Been Reached
Tom Lee from Bitmine claims that Ethereum has hit bottom, citing a 93% correlation with the S&P 500 decline in 1987 and 2011.
Currently, ETH is trading with a 22% decline from its realized price of $2241, which resembles levels before the 2025 recovery.
📊 Current ETH price: around $2136 (decline of more than 50% from the peak in $4831 in August 2025).
$ETH $LDO $ZK