He emphasized that the recent decline in the crypto market can be considered a "mini-crypto winter," which, according to his assessment, is close to completion.
He linked his forecast to the dynamics of the stock markets. According to Lee, against the backdrop of negative news related to the military conflict between the USA, Israel, and Iran, the markets may have reached a local bottom. In such conditions, he believes, a reversal is possible.
"Stock markets are reaching a bottom on bad news. And there has been a lot of bad news. A similar dynamic was observed during past military conflicts," Lee stated.
Against this background, he expects Ethereum to emerge from a prolonged consolidation. As potential growth drivers, Lee mentioned the development of tokenization and the spread of AI agents.
He also noted that the market recovery is likely to be uneven: first, large assets with high liquidity will activate, after which investor interest may gradually shift to riskier segments. Such a scenario, in his estimation, would indicate a return of confidence among market participants and a transition to a new phase of growth.
Earlier, Tom Lee linked the drop in Ethereum quotes to a sharp rise in precious metal prices, calling this effect the "golden whirlwind."
