In an interview with Farokh Sarmad, market strategist Tom Lee described the present downturn within the cryptocurrency market as a “mini-winter.” Lee stated 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 stated the present tough interval might final anyplace from a number of months to 6 months, and a really sturdy restoration was unlikely to happen till late 2026.
Lee stated he purchased Ethereum on the highest value and doesn’t remorse his choice. He famous that Ethereum’s present value degree is sort of near the underside and the worth might briefly fall under the $1,800-$1,890 vary, however this might not be everlasting.
Recalling that there have been eight “V-shaped” sharp recoveries traditionally, Lee stated that Ethereum varieties the elemental infrastructure for stablecoin ecosystems, AI functions, and the content material creator economic system in the long run. In line with Lee, ETH is “the cornerstone of the story for the following 15 years.”
Tom Lee additionally reiterated his 2026 value prediction. In line with him, Bitcoin might rise within the $200,000 to $250,000 vary, whereas Ethereum is predicted to fall within the $12,000 to $22,000 vary. He stated these projections are primarily based on historic progress charges and previous cycles.
*This isn’t funding recommendation.
