Overview

• Mark Newton of Fundstrat predicts Ethereum will bottom near $4,300 within about 12 hours before attempting a rebound.
• Ethereum traded near $4,400 after a sharp 24‑hour drop of roughly 7%, reflecting broad crypto weakness.
• Newton outlines initial resistance near $5,100 with potential extension toward $5,400–$5,450 if momentum returns.
• NewsBTC’s chart view shows ETH below the 100‑hour SMA with key supports at $4,350 and $4,280, and risk toward $4,150–$4,120 if those levels give way.
• Tom Lee amplified Newton’s call as reports noted BitMine’s on‑chain purchase of roughly 4,871 ETH, lifting its corporate holdings to about 1.7 million ETH.