BitMine (BMNR) is trading near $29, down almost 7% after a sharp 15% jump that came around its large Ethereum purchase. The bounce helped stabilise sentiment for a moment, but the latest BitMine price pullback shows the recovery is still fragile. Both big-money flow and trend signals suggest the rally has not earned enough confirmation yet. Weak Money Flow and Looming Crossovers Limit the Rebound The Chaikin Money Flow (CMF), which tracks whether large buyers are supporting the price, still trades below zero and under a descending trendline
source: https://beincrypto.com/bitmine-price-pullback-recovery-risk-analysis/