Bitmine Immersion Technologies (Derivatives) (BMNR)

TOM LEE: 90–95% OF THE WEAKNESS IS BEHIND US

Markets have already adjusted to the war.

History shows stocks usually bottom within the first 10% of a conflict.

March likely marked that phase.

Now the setup has flipped.

🔹 Stocks are “really spring loaded”
🔹 Policy + war path now drive markets
🔹 Peace would trigger an explosive move higher
🔹 Cash on the sidelines becomes a risk

Investors focused on the crisis first.

Now they need to think about the opportunity.

The key risk remains inflation expectations.

But if that stays anchored…

The next move isn’t down.

$BMNR $ETH

This explains $BMNR pretty well.

At $40, there was a denial that it could fall further (i.e. calling me an "idiot").

At $30, the full attack on Tom Lee emerged, with memes of bagholders lining up outside his house.

At $20, everyone's now just depressed and no longer believes in $ETH.

What's next?

A bounce that people want to short or get out and forget.