BitMine&#8217;s significant Ethereum acquisition underscores the growing 
institutional confidence in crypto&#8217;s role in future financial systems.
The post Tom Lee&#8217;s BitMine adds 234,846 Ethereum, total ETH holdings top 2.6 
million appeared first on Crypto Briefing.

Tom Lee’s BitMine adds 234,846 Ethereum, total ETH holdings top 2.6 million

Bitcoin has managed to reclaim the $110,000 level, but momentum remains 
fragile as the market shows early signs of exhaustion. After recent 
volatility, BTC’s inability to extend gains higher has fueled speculation that 
a deeper correction may be in play. Traders are closely watching whether 
Bitcoin can hold above this critical threshold or if selling pressure will 
drag it lower in the coming sessions. Related Reading: Ethereum OI Suffers Its 
Biggest Cleanup Since Early 2024 – Details Despite the cautious outlook, some 
analysts view the current consolidation as a healthy reset in a broader 
bullish cycle. They argue that periods of cooling price action often serve as 
foundations for more sustainable rallies, reducing leverage and strengthening 
long-term support levels. Adding to this cautious optimism, top analyst 
Maartunn shared fresh data showing that retail demand is backing off. 
According to his findings, the 30-day Retail Demand Change has dropped to -5%, 
marking its lowest level since July. This trend suggests smaller investors are 
stepping aside, leaving price direction increasingly in the hands of larger 
players and institutions. Retail Capitulation And Macro Risks The current 
retreat in retail demand could carry a bullish undertone for Bitcoin. 
Historically, retail investors often act as a contrarian signal—buying 
aggressively near cycle tops and capitulating near market bottoms. With the 
30-day Retail Demand Change dropping, smaller investors appear to be stepping 
aside just as Bitcoin consolidates above the $110,000 level. This reduction in 
retail activity may be a sign that the market is flushing out weaker hands, 
setting the stage for stronger accumulation by institutions and high- 
conviction holders. At the same time, broader macroeconomic risks add 
complexity to the picture. The looming threat of a US government shutdown is 
stirring concerns across risk assets, as investors weigh potential impacts on 
liquidity, market confidence, and the trajectory of Federal Reserve policy. 
Historically, periods of political gridlock and fiscal uncertainty tend to 
increase volatility, with Bitcoin often caught in the crosscurrents. However, 
uncertainty does not always translate into downside. In some cases, Bitcoin 
has benefited from macro turbulence as investors seek alternative assets 
outside of traditional financial systems. If retail investors remain on the 
sidelines while larger players accumulate, this dynamic could create a 
launchpad for a new bullish phase once macro conditions stabilize. Related 
Reading: MrBeast Enters The Aster Game: $1M Buy Signals Growing Interest 
Bitcoin Price Dynamics: Struggling At $112K Bitcoin is currently trading 
around $112,141, showing signs of resilience after its recent dip below the 
$110,000 level. The chart reflects a short-term recovery, but BTC is still 
facing strong resistance from the 50-day and 100-day moving averages, both 
positioned slightly above the current price zone. These averages have acted as 
dynamic barriers in recent weeks, capping upward momentum and reinforcing the 
market’s corrective phase. The rejection from the $123,217 resistance level, 
marked earlier in September, highlights the ongoing difficulty for bulls to 
sustain rallies. Since then, the structure has shifted into a lower-high 
formation, signaling fading momentum. Despite the bounce, the failure to 
reclaim and hold above the $114,000–$115,000 zone could expose BTC to further 
downside risk, with the 200-day moving average near $105,000 serving as the 
next critical support. Related Reading: Ethereum Outflows Hit Spot Exchanges 
Again: Bullish Signal Or Neutral Flows? For now, Bitcoin’s short-term outlook 
remains cautious: bulls need a decisive break above $115,000 to regain 
momentum, while bears may target deeper retracements if the $110,000 floor 
gives way again. The coming sessions will be crucial in determining whether 
this rebound is sustainable or just another pause in the correction. Featured 
image from Dall-E, chart from TradingView

Bitcoin Retail Demand Retreats: 30D Change Falls To Lowest Level Since July

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