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📌Oh my, is Ethereum about to climb up 15,000? 😱
On August 17, BitMine’s chairman Tom Lee cited technical analysis, expressing expectations for a potential technical breakout in Ethereum.
Ethereum’s current price is only 3.5% away from the top boundary of the Ichimoku cloud of the daily chart—this would be the first time it has closed above that key resistance since October 9, 2025.
At present, the price of Ethereum is around $1,906, with cloud resistance just within reach.
Tom Lee continued his earlier bullish view on Ethereum. He previously posted publicly in July that the ETH/BTC ratio would strengthen in the second half of 2026. His core logic centered on the combined momentum of ETH’s monetary narrative, stablecoin growth, and the tokenization of assets.
The top of the Ichimoku cloud is regarded by technical analysts as an important reference for trend reversals. If it breaks out effectively, it may open up further upside room.
On August 17, BitMine’s chairman Tom Lee cited technical analysis, expressing expectations for a potential technical breakout in Ethereum.
Ethereum’s current price is only 3.5% away from the top boundary of the Ichimoku cloud of the daily chart—this would be the first time it has closed above that key resistance since October 9, 2025.
At present, the price of Ethereum is around $1,906, with cloud resistance just within reach.
Tom Lee continued his earlier bullish view on Ethereum. He previously posted publicly in July that the ETH/BTC ratio would strengthen in the second half of 2026. His core logic centered on the combined momentum of ETH’s monetary narrative, stablecoin growth, and the tokenization of assets.
The top of the Ichimoku cloud is regarded by technical analysts as an important reference for trend reversals. If it breaks out effectively, it may open up further upside room.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.