Tom Lee recently provided four catalysts for ETH to keep rallying toward the end of the year. What’s actually worth paying attention to isn’t the four positive news items themselves, but the fact that they point to the same thing: most retail investors have already been washed out of their positions, so soon <$BTC > will move to 150k, <$ETH 9000>. There isn’t much time left for those looking to set up positions for retail investors: <$ADA >

The first tranche of money comes from regulation. The CLARITY Act.

The second is investors holding tight to the four-year cycle. Crypto funding from the low in October.

The third is Asian capital—especially from Korea. Earlier, the money that had chased local equities is now starting to look back at crypto.

The fourth: the performance rankings of fund managers. Since June 30, ETH is up about 54%, gold about 13%, and U.S. stocks only in the single digits. If by the end of the quarter on September 30, ETH is still firmly at the top of the major asset returns leaderboard, then Q4 will bring a very real problem: others boosted their return rates using ETH, but without any positions. What do they do?

They can’t accept underperforming their peers by year-end. So what Tom Lee is truly betting on is a capital feedback loop:
ETH rises → leads the rankings → institutions are forced to add exposure → ETH keeps rising.

Which one will trigger FOMO?