The post BMNR Price Rebound Now Hinges on Tom Lee’s ETH Call appeared on BitcoinEthereumNews.com.

BMNR price dropped almost 22.7% this week, hitting fresh lows under $26. The fall looks sharp, but the stock is still up more than 160% over the past six months. Now, a small rebound looks likely on a daily chart. Traders would want to know whether this is only a bounce or the start of a larger BitMine recovery. Tom Lee’s latest call on Ethereum adds fuel to the discussion, but the chart shows a key test ahead. Sponsored Sponsored Buying Pressure Returns, but Trend Signals Stay Weak BMNR’s long slide continues to show stress across major moving averages. The 20-day EMA already crossed under the 100-day on November 14. That crossover lined up with a sharp sell-off, and the 50-day EMA is now closing in on the 100-day as well. If that second bearish crossover completes, it signals more downside risk. Bearish Crossover Risks: TradingView But a few positives are surfacing beneath the price. On-Balance Volume (OBV) tracks whether real volume is entering or leaving. Between August 4 and November 21, the price made a fresh lower low. OBV, however, made a higher low. This long-term bullish divergence means real buyers have been accumulating while the BitMine stock keeps falling. It creates room for a short-term rebound even when the broader trend stays weak. Volume Keeps Rising: TradingView The Chaikin Money Flow (CMF) tells the same story. CMF also made a higher low over the same period and has now broken above its falling trend line. That break usually signals that larger wallets are stepping in again. Do note that between November 20 and November 21, the BMNR price made a lower low while the CMF flashed another higher low. Another bullish divergence. Sponsored Sponsored BMNR CMF Rising: TradingView A CMF trendline break often appears before price bottoms because…

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Filed under: News - @ November 24, 2025 3:24 pm