Tom Lee said that ETH, bought for $ 3,000, is extremely cheap.

Lee said in a statement;

🔸 The decline in the market is not caused by the “4-year cycle”, but by the unraveling of leverage,

🔸 Ethereum has seen bottoming levels and they bought almost 100,000 ETH last week,

🔸 Bitcoin could reach $250,000 in a few months,

🔸 He claimed that if the ETH/BTC ratio returns to its average, Ethereum could go to the $12,000–22,000 range.