Ethereum Price Bottom Has Hit, Tom Lee Claims Again — Three Reasons He Says It’s Heading Higher

Main points

• Tom Lee said that Ethereum’s bottom pullback was supported by multiple signals.

• The strong upside narrative remains.

• Credibility is honed by past missteps.

Ethereum’s price is once again at the center of bold market predictions, with Fundstrat’s Tom Lee suggesting that the latest downturn could mark the end of crypto winter rather than the beginning of a deeper collapse.

After a tumultuous period in which Ethereum pulled back sharply, Lee believes the market is now at or very close to a cyclical bottom.

His latest outlook draws on technology analogies, on-chain data and long-term performance trends.

But given his previous bottom calls, investors need to weigh whether this is a turning point or another premature sign.

Lee’s current thesis is that Ethereum is either at a bottom or in the final stages of forming a bottom.

He bases this argument on three key factors:

Lee cited analysis from “legendary market timer” Tom DeMark, who saw similarities between Ethereum’s recent price action and the S&P 500’s major decline:

According to DeMark, Ethereum has a 93% correlation with these historical patterns.

• If the 1987 simulation holds true, ETH may bottom out around March 7.

• If what happened in 2011 holds true, ETH is now bottoming out.

Lee interpreted this as strong evidence that the worst of the recession is over.

Lee also uses realized price (the average on-chain purchase price of ETH) to measure market pressure.

• Current realized price: $2,241

• ETH is currently trading at approximately a 22% discount

For context:

This puts the current market almost exactly in line with previous turning points, indicating that investors are deeply underwater – a classic late-stage bear market signal.

Lee reinforced his bullish stance with Ethereum’s long-term track record:

compared to:

• Bitcoin: 11,000% (100x)

• NVIDIA: 6,500% (65x)

Lee also elaborated on Ethereum’s potential upside relative to Bitcoin, arguing that a sharp rise in the world’s largest cryptocurrency could significantly boost Ethereum’s valuation.

“If Bitcoin hits $250,000, Ethereum will be worth between $12,000 and $22,000 and return to 2021 levels,” Lee said.

He added that in a more optimistic scenario – where Ethereum is increasingly viewed as a core payments infrastructure – the price could climb to $62,000.

Lee insists that despite recent volatility, the long-term investment case for Ethereum remains intact.

“Ethereum has outperformed every other asset class over the past 10 years,” he said, noting returns of about 49,000%.

He believes the recent recession reflects cyclical pressures rather than fundamental shifts.

“We think we are at the bottom, or exiting crypto winter now,” Lee said.

Lee had previously predicted that Ethereum would bottom near $2,500 and surge to $9,000 in early 2026, but this prediction has yet to materialize as the price continues to face downward pressure.

While he remains confident about the broader trajectory, the miss raises questions about the timing of his market forecasts. Lee has since described the recent sell-off as a forced market event rather than a breakdown in fundamentals.

He described the decline as an “orchestrated liquidation” and a deliberate shakeout aimed at weeding out weaker players.

“The drop from $4,800 to $2,800 does not change the long-term value of Ethereum,” Lee said.

While Lee continues to believe the long-term outlook remains unchanged, the earlier call highlighted the real difficulty in identifying an exact market bottom.

Popular Cryptocurrency Articles

The post Tom Lee Again Claims Ethereum Price Has Hit Bottom – Says Three Reasons for Ethereum Price Rise appeared first on ccn.com.