$BMNR still going sub $10BitMine Immersion Technologies IncBATS:BMNRbenjihyamIs everyone bullish at resistance, again?! If you look on X, everyone seems to be calling for new highs on ETH. Tom Lee is out there making new purchases for BMNR and people are cheering him on, after he's lost billions in investor capital. Somehow people are also bullish on this chart. Price still has a long ways down to go. There's still a huge imbalance on the chart that needs to get resolved before this thing can trend higher. Even if in the short term, price can rise up to the $20 resistance, it should create another lower high that will ultimately resolve lower. If price can break above the trend line and test it as resistance, then we can have a conversation about it moving higher, but otherwise, the most likely path is down to the lower support levels sub $10.