Tom Lee ETH Bottom Prediction Shows Merit, Will Hit Bull Targets Predictions Play Out Next?

ETH-4,93%
BTC-4,98%
  • Tom Lee ETH bottom prediction shows merit.

  • Experts now believe Lee’s bull target predictions will play out next.

  • The price of ETH could surge to $7,000 – $9,000 soon.

The crypto market experienced another massive price dump over the last 48 hours. This dump was preceded by the prices of gold and silver falling exponentially, leading experts to believe retail investors of gold and silver were rugged. Currently, the prices of BTC and ETH are both down, as are many other crypto assets. The community notices how Tom Lee ETH bottom prediction shows merit, and hope that his bull target predictions play out next.

Tom Lee ETH Bottom Prediction Shows Merit

The crypto community just experienced another brutal market dump, a move that was followed after both gold and silver prices fell heavily. During this dip, the price of BTC fell from $89,000 to almost $75,000. Similarly, the price of Ethereum fell from just under $3,000 to as low as $2,300. This sudden dip in market prices led to two distinct reactions from the greater crypto community.

On one hand, the reaction was very bearish, as many bearish analysts believe the start of the bear market will play out this year and expect the price of BTC to fall under $70,000 by the end of the year. The same experts believe the 4-year bull cycle is in play. On the other hand, the reaction was quietly bullish. These experts believe the price of BTC, ETH, and altcoins will turn bullish and rally soon.

🚨 Tom Lee’s Bitmine is now sitting on a $6 billion unrealized loss on its ETH holdings.

He predicted $7,000 ETH by January 31, 2026. pic.twitter.com/7UKx6PUfpX

— Ash Crypto (@AshCrypto) January 31, 2026

In detail, these bullish analysts believe the price of BTC will see new ATH prices this year as they expect a 5-year supercycle to play out instead, one that will usher in a parabolic and exponential price pump for crypto assets, never seen before. Among these experts in Tom Lee, a very bullish market leader who expected new ATH price of BTC and ETH by the end of January 2026.

Will His Bull Target Predictions Play Out Next?

As we can see from the post above, Bitmine Immersion’s Tom Lee, someone who heavily accumulated ETH last year, hoping for new ATH prices before the current month, still believes that the price of ETH could rally. His initial ETH accumulation has now put Bitmine Immersion at a position of $6 billion in unrealized loss. Yet, Lee expects to see ETH rally to $7,000 ATH anytime now.

📉 TOM LEE FINALLY NAILED AN ETH PRICE PREDICTION

After years of calling for $9k ETH and $250k BTC, Lee finally nailed a target.$ETH is now trading around $2.4k, a level Lee said, “Ethereum would touch and mark the bottom.”

Lee maintains that once the metals rally cools,… pic.twitter.com/gqwLkUjnGY

— Coin Bureau (@coinbureau) February 1, 2026

Furthermore, as we can see from the post above, this post notices that Tom Lee’s ETH bottom target prediction has just come true, following the latest price drop. Here, we see him talking about ETH bottoming in the $2,400 price range. He also talks about expecting an ETH ATH at the $9,000 price range and a BTC ATH at the $250,000 price range. He even said once metals cool, crypto will close the gap and hit new ATH prices. This scenario could very well be playing out now.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Short-selling firm Culper releases bearish report on Ethereum: Fusaka upgrade disrupts ETH token economics

Aggressive short-selling firm Culper Research has released a report bearish on Ethereum (ETH), believing that the Fusaka upgrade in 2025 will cause structural damage to ETH's token economy. The report points out that a significant decrease in Gas fees has led to increased address pollution attacks and reduced validator rewards, and emphasizes that Ethereum is facing competitive pressure from Solana and L2 solutions. Culper believes that ETH's value capture ability is declining and has started shorting ETH.

ChainNewsAbmedia17m ago

ETH drops below 2000 USDT

Gate News bot message, Gate market display, ETH drops below 2000 USDT, current price 1998.74 USDT.

CryptoRadar20m ago

ETH 15-minute sharp decline of 1.53%: Large investors' short-term profit-taking and ETF capital outflows resonate, triggering a significant drop

From 13:45 to 14:00 on March 6, 2026 (UTC), ETH experienced a significant fluctuation, with a short-term decline of 1.53%. The price fluctuated sharply between 2019.21 and 2051.26 USDT, with an amplitude of 1.56%. High-frequency sell orders surged, market attention spiked, trading volume increased, and the divergence between bulls and bears intensified. Market sentiment became more cautious. The main driving force behind this fluctuation was large investors and whale accounts reducing their positions after a short-term rebound, leading to a rapid release of large sell orders and triggering short-term selling pressure in the market. On the ETF front, holdings

GateNews29m ago

Jiuzi Holdings raises $80 million through a rights issue to support the development of the crypto asset treasury

Jiuzi Holdings has signed an agreement with strategic investment institutions to subscribe for 40 million shares at $2 per share, raising $80 million. The funds will be used to expand cash reserves, build a crypto asset treasury, and develop an asset allocation strategy. The treasury will include various cryptocurrencies such as Bitcoin and Ethereum.

GateNews1h ago
Comment
0/400
No comments