BMNR is trading at 3% down now at $30.45, extending its sharp pullback as persistent selling pressure and concerns over large unrealized ETH losses continue to weigh on investor confidence.
- Technical analysis indicates the stock has been in a weak but strengthening downtrend since mid-December.
- Sensitivity to Ethereum-driven sentiment remains high.
- Structural issues continue to be a factor, even as broader markets trade roughly flat.