Ethereum Price Bounces as Bitmine CEO Sees End of Crypto Winter

Ethereum's price fluctuated between $2,023 and $2,200 in the last 24 hours, with a 4.70% surge to $2,170 at press time. Despite a broader market pullback, Ethereum has remained within a defined trading range. Institutional activity, such as Bitmine Immersion's 4.66 million ETH holdings, has provided additional context for Ethereum's position. Tom Lee stated that Ethereum is in the final stages of a "mini-crypto winter," with gains of around 18% since the start of the conflict. The ETH technical trend hints at a rally to $2,400, but the immediate support zone between $2,070 and $2,090 has become critical.