🪙🪙🪙
Tom Lee:
ETH could drop to $2500 soon - we are currently in a phase of pressure.
Interestingly, his forecast concludes with the assumption of a further super-cycle with a growth of 3-4 times - he suggests that we could jump to $7000-9000 by January 😰
I don’t recall any such super-cycles on Ethereum in my memory, especially after the drops. It has often struggled to even achieve a x2.
Well, it’s better not to say this to people with billion-dollar losses, so let it remain here as a wet dream 🤟
Tom Lee, by the way, averaged down during the drop and bought 69822 ETH for $197 million. Now his position is equal to 3629 01 ETH, approximately $10.25 billion. The loss on the position is 4 billion 250 million. 🫢
ETH
2,938.06
+0.35%