BitMine increased its holdings by 77,000 ETH last week, bringing its total holdings to 3.31 million ETH.

- Simon Kim, founder of Hashed, launched an Ethereum valuation dashboard showing $4,747.4 fair value, indicating 56.9% undervaluation vs. $3,022.3 market price. - The tool combines eight models (DCF, Metcalfe's Law, TVL) with weighted reliability, producing five "buy" signals and highlighting 217.1% undervaluation via Metcalfe's Law. - By blending traditional finance metrics with blockchain data, the dashboard aims to shift crypto analysis from speculation to institutional-grade fundamental evaluation. - C

- Ethereum's open interest rose 7.4% with 26-month high institutional demand, signaling strong bullish potential per on-chain analysts. - Fed's QT pause and $230M ETF inflows boost liquidity, while BitMine's 3.63M ETH holdings reinforce price support. - Technical analysis highlights $2,830–$2,835 as critical threshold, with $2,870–$2,960 resistance and $2,720 support levels. - Long-term forecasts range from $6,500–$8,000 by 2025 to $10,000+ by 2030, contingent on upgrades and macroeconomic clarity.