Tom Lee: Four catalysts could trigger $ETH . Current price is about $2440, ETH/BTC about 0.031; if the ratio returns to 0.04 and BTC reaches $150,000, ETH could be around $6000.
He says this is a conservative estimate; the ratio peaked around 0.08 in 2021. Catalysts: Clarity or the September update, short covering, funds returning from Asia, and the end-of-September quarterly settlement.
He says this is a conservative estimate; the ratio peaked around 0.08 in 2021. Catalysts: Clarity or the September update, short covering, funds returning from Asia, and the end-of-September quarterly settlement.
