In an interview with Farokh Sarmad, market strategist Tom Lee described the present downturn within the cryptocurrency market as a “mini-winter.” Lee mentioned this isn’t a long-term bear market, however slightly a interval that the market must digest.
Mr. Lee urged traders to not look ahead to a “good backside,” arguing {that a} gradual shopping for technique makes extra sense throughout financial downturns. He mentioned the present troublesome interval may final anyplace from a number of months to 6 months, and a very robust restoration was unlikely to happen till late 2026.
Lee mentioned he purchased Ethereum on the highest worth and doesn’t remorse his resolution. He famous that Ethereum's present worth stage is sort of near the underside and the value may briefly fall beneath the $1,800-$1,890 vary, however this will not be everlasting.
Recalling that there have been eight “V-shaped” sharp recoveries traditionally, Lee mentioned that Ethereum kinds the basic infrastructure for stablecoin ecosystems, AI functions, and the content material creator economic system in the long run. In accordance with Lee, ETH is “the cornerstone of the story for the subsequent 15 years.”
Tom Lee additionally reiterated his 2026 worth prediction. In accordance with him, Bitcoin may rise within the $200,000 to $250,000 vary, whereas Ethereum is anticipated to fall within the $12,000 to $22,000 vary. He mentioned these projections are based mostly on historic development charges and previous cycles.
*This isn’t funding recommendation.
