Bitcoin (BTC) has successfully broken through the short-term resistance level of 71,800. From the hourly and 4-hour chart perspectives, K-line candlesticks are continuously closing bullish, and the daily level is steadily positioned above the middle band of the Bollinger Bands, with all indicators releasing clear upward signals. ETH's subsequent movement: Weaker than BTC, but whales are accumulating Why is ETH lagging behind? When BTC drops, it drops; when BTC rises, it still drops. Don't rush, see the structure clearly before making a move. ETH on the daily level is still being compressed within a descending channel, but after falling from 2,385 to 2,025, it has begun entering a range-bound consolidation. Price has broken above the 2,120 level and the 100-hour moving average. However, 2,180-2,200 is a strong resistance zone, with three consecutive failed breakout attempts.

Bitmine has launched MAVAN, an institutional-grade $ETH staking platform, and plans to migrate the remaining unstaked $ETH over the coming weeks. This move is more than just adding a new product—it's a continuation of institutional consolidation of $ETH into yield pools. For short-term trading, as staking demand increases, circulating chips become tighter. $ETH

Wu Shuo has learned that Bitmine announced the launch of MAVAN, an Ethereum staking platform that provides institutional-grade staking and blockchain infrastructure services. As of March 24, 2026, the company has staked 3,142,643 ETH (approximately $6.8 billion), with 101,776 ETH (approximately $219 million) added over the past week, and plans to continue expanding its scale. The annualized returns upon completion of all staking are estimated to be approximately $300 million (calculated based on a 2.83% yield rate).