Bitmine Buys ETH Dip Before 2026 Run? What’s Ethereum Price Up To

Bitmine Buys ETH Dip: Is Tom Lee Ethereum Prediction 2026 at Play?

Imagine selling your favorite coin only to watch a giant investment company scoop up a huge amount right after. While investors fear about the Ethereum price crash from $3,635 yesterday to a low of $3,405 today, big players like Bitmine buys ETH dip.

This latest ETH Bitmine news is shared by analyst Ash Crypto, in which the firm scooped 24,007 tokens worth $82,000,000. The current price is at $3,524.70, reflecting a small 1% dip.

Even after a 7% surge over the last week, the fact that big money is moving in during a volatile period, proves altcoin’s long term belief.

So, why are these whales confident enough during market volatility,  will the price bounce back soon, what is Ethereum price prediction for 2026 and beyond? Let’s figure it all out.

Why Bitmine Buys ETH Dip: 2 Reasons Exposed The Strategy

Institutions like this don't buy on emotion; they follow a clear playbook. This Bitmine purchase is based on strong fundamental beliefs, technical analysis, and a bold Tom Lee ethereum prediction.

1. Strong Forecast Fueling Confidence

Huge price targets from top cryptocurrency experts like Tom Lee give buyers strong confidence, and this is one of the major reasons behind why Bitmine buys ETH dip. 

As per Barcharts Financial Markets latest X post, He said; The token will more than double by January and could hit as high as $12,000 going forward.

This is not it, even SATOSHI ERA WHALE recently bought 385,000 coins worth $1.3B. These purchases make the Tom Lee ETH price target 2026 outlook even stronger.

2. When Technical Lows, You Just Buy

This new update suggests instead of buying at a high price, institutional players look to buy during quiet periods, especially at support levels to make quick profits.

• As seen in the TradingView chart,  Ethereum  price today  is rebounding after continuously testing the $3,400–$3,500 range. As per my analysis being a crypto expert, this is exactly where strong and long-term rallies begin.

• The RSI (65.84) is rising, showing buyers are taking control. Even better, the MACD crossover just turned positive, which is a classic signal that Tom Lee Ethereum prediction for January 2026 may turn real.

These two strong reasons suggest why Bitmine buys ETH dip, just before the next bull run phase begins.

Will Bull Run Begin Now? The Two-Sided Market View

While some signals shout "BUY," not everyone agrees on the immediate timing. Analyst Ali charts recently posted an opposite view, Can it really hit $10,000 by December? His chart suggests that the price is actually struggling near the $3,550–$3,600 level.

His chart reflects a cooling momentum, noting that consecutive lower highs have been forming since earlier in Q4 2025.

After carefully consideral of both bullish and bearish modes, $ETH price target will have 3 possible scenarios:

1. Short Term Outlook: Rise towards $3,800 is possible because the current RSI is improving and showing strong support along with positive MACD.

2. Mid Term (2-3 Months): The upcoming months could target $4,500-$5,000 if more institutions follow Bitmine buys ETH dip strategy. 

3. Long Term (Mid-2026):  Growing ETFs, start of early-season, network stability, and more countries adopting btc and this second largest asset may drive the price towards $10,000–$12,000. This answers the question: what is ethereum price prediction for 2026, it is also matching with what Tom Lee predicted in his recent interview.

Conclusion

This massive Bitmine buys ETH dip is a strong fundamental for  upcoming Ethereum price prediction. It shows deep trust in token’s role as the foundation for DeFi, RWAs, and AI-computer layers. The near-term uptrend looks solid, so investors should keep an eye on its support and resistance levels to  confirm a clean breakout or breakdown.

Disclaimer: This article is for informational purposes only, and does not support financial advice. DYOR and take experts' options before investing in crypto assets.