What regime is BMNR in right now?
Where the classifier sits today
BMNR / ETHA ratio with regime context
The price ratio of BMNR close to ETHA close, with its 21-day and 50-day EMAs. The strip below shows the confirmed regime for every trading day since ETHA launched (2024-01-11).
Last 10 confirmed regime changes
A transition is logged when the regime classification flips and survives the confirmation window of 3 consecutive trading days.
| Date | Transition | Days in prior | BMNR/ETHA ratio | 20d rel. return |
|---|---|---|---|---|
| Loading… | ||||
The six regime states
How the classifier works
The classifier scores each trading day on two opposing axes — an expansion score (max 7) and a distribution score (max 8) — built from the BMNR/ETHA close-to-close ratio, its 21-day and 50-day EMAs, rolling 20-day and 60-day highs, ratio slope, drawdown from recent highs, BMNR's realized-volatility percentile, and the spread of BMNR's 5-day and 20-day total return versus ETHA.
A regime is only confirmed when the raw classification has held for at least 3 consecutive trading days. This filters out single-day noise. Transitions in the table above are confirmed flips, not raw flips.
Data sources. Daily OHLCV bars for BMNR and ETHA are pulled from Yahoo Finance. ETHA history begins 2024-01-11 (the trust's inception); the chart and timeline therefore start on that date. The pipeline refreshes once per trading day after the US close.