Ethereum Price Dips to Two-Week Low Amid Institutional Buying

Ethereum's recent price drop to a two-week low has sparked interest among traders, with some seeing potential buying opportunities amid broader market uncertainty.

Tom Lee's BitMine has significantly expanded its cryptocurrency holdings, pushing the total value to $8.4 billion, which could indicate strong confidence from institutional investors.

The market dynamics highlight the importance of considering both technical and fundamental analysis for trading decisions, as traders navigate the complex interplay between short-term price corrections and long-term accumulation strategies.