BitMine Immersion's token just painted a textbook V-shaped bounce on the charts. Looking at the modified NAV calculations, here's where things get interesting.

If ETH climbs to $4k, we're eyeing $69.42 per token at 1.6x valuation. Push that to $5k ETH? Target jumps to $85.59. And should we see $6k ETH, we're talking $101.76 territory.

Price action's been climbing steadily and now we're flirting with the $40 zone. That level could act as a launchpad if momentum holds—watch for consolidation here before the next leg up. The recovery pattern suggests buyers are back in control after the recent dip.