Tom Lee’s predictions of $200,000 for Bitcoin and $12,000 for $ETH by the end of 2026 are quite bold. While Bitcoin shows promise, Ethereum will likely fall short of its target. For Bitcoin, reaching $200,000 is feasible because the four year cycle remains dominant. Even with a divergence between price and technical indicators showing weakness, history suggests these cycles often make traditional analysis less relevant. The cause for this potential growth is the steady stream of institutional capital from spot ETFs, which sustains long term demand. Conversely, Ethereum won't hit $12,000. The current structure is bearish, marked by lower highs and a failure to break the $2,470 resistance. If price drops below the $2,160 support, the effect will be further selling pressure toward lower zones. However, some factors could still trigger a surprise rally: the recent Pectra upgrade and a sudden spike in ETF inflows might provide the necessary momentum. Without these catalysts, Ethereum remains trapped in a bearish correction while $BTC leads the market. The $12,000 target is simply too high given current market weakness.