Ethereum price tests $3,000 support as BitMine boosts holdings with 102,259 ETH buy

Ethereum slipped to $3,034 on Monday while Bitcoin fell below $88,000, leaving bulls defending the $3,000 area. During the past week BitMine Immersion Technologies acquired 102,259 ETH, lifting its total Ethereum position to 3,967,210 ETH valued at about $12.2 billion. Analysts highlight $3,000 as key support, with potential upside targets near $3,200–$3,300 and $3,500 if buyers regain momentum.