Lee echoed his feedback from an earlier interview, opining that there isn’t any longer a four-year cycle and Bitcoin will make new highs in early 2026, talking at this week’s Binance blockchain convention in Dubai on Thursday.
He added that BTC will mirror the efficiency of the S&P 500 US inventory index subsequent 12 months and predicted a value excessive of $300,000. If that’s the case, “I feel Ethereum is lights out,” he stated earlier than including a extra outlandish value prediction.
“Within the subsequent 12 months it [ETH] may very well be over $20,000.”
Tom Lee at Binance Blockchain Week: 2026 Outlook
– S&P breakout
– Bitcoin $300k
– Ethereum $20kSupercycle is loading..
— SamAlτcoin.eth
Tom Lee at Binance Blockchain Week: 2026 Outlook
(@SAMALTCOIN_ETH) The Greater The Base, The Greater The Breakout
Lee additionally reiterated the notion that Wall Avenue is beginning to tokenize securities, and most of that is being finished on Ethereum. The community at the moment has greater than 70% market share of real-world asset tokenization worth when layer-2s and EVM platforms are included, in accordance with RWA.xyz.
He additionally identified that Ether has been rangebound for 5 years, nevertheless it has begun to interrupt out. The larger the bottom, the larger the breakout, he stated, explaining why he turned BitMine into an ETH treasury firm.
“I feel Ethereum goes to grow to be the way forward for finance, the fee rails of the longer term, and if it will get to 0.25 relative to Bitcoin, that’s $62,000. Ethereum at $3,000 is grossly undervalued.”
Tom Lee says the setup for Ethereum is easy:
“The larger the bottom, the larger the breakout”
ETH spent years constructing the identical type of base it had earlier than the transfer from $90 → $4,866
If the sample repeats, the subsequent leg may very well be far bigger than folks anticipate
(Shared at… pic.twitter.com/aMBWwLyZ0J
— Tom Lee Tracker (Not really Tom) (@TomLeeTracker) December 4, 2025
BitMine is placing its cash the place its mouth is with one other Ether buy, bringing the variety of buys to 4 this week alone, in accordance with Lookonchain on Friday.
The agency scooped one other 41,946 ETH price $131 million on Thursday, it reported. Though the buys haven’t been formally confirmed, BitMine seems to have bought greater than $350 million price of the asset this week.
Is ETH Prepared For a Pump?
Analyst ‘Sykodelic’ echoed the bullish sentiment, stating on Thursday that “ETH seems to be able to push a lot increased.”
“Within the final 5 years, each single time the 1-day RSI has gone from overbought right down to oversold, after which damaged the pattern, it has pumped a minimal of 45%. That takes us to $4,300.”
Ether was buying and selling at $3,170 in the course of the Friday morning Asian session after failing to interrupt resistance at $3,200 yesterday.
The asset has gained 13% over the previous fortnight, recovering from its double dip under $3,000, and seems to be forming a W-shaped backside.
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