Tom Lee Predicts Ethereum Bottom Is In This Friday at $2400
BlockBeats News, February 1st, Tom Lee shared his 2026 market outlook during this past Friday's podcast appearance on
Tom Lee also acknowledged that the current crypto market is in a bear market phase, under significant short-term pressure. ETH may touch $2400 as a bottom (today Ethereum briefly touched a low of $2200 and is now around $2400), and then rebound. If the ETH/BTC ratio returns to its historical high, ETH could reach around $12,000.
The above views are consistent with his public views since the new year, with multiple forecasts since 2026 suggesting that this year's market trend will be a decline followed by a rise, and Bitcoin will still hit a new all-time high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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