đ°đ· LATEST: Tom Lee just told Korea Blockchain Week the crypto bull market isn't coming, it's already here, and it could be the biggest one in history.
"Ethereum has been consolidating for 5 years," Lee said, framing the current sideways action not as weakness, but as a coiled spring about to release.
He's not just talking. He's backing it directly, Bitmine, the Ethereum treasury company he chairs, has bought ETH every single week since launching its strategy in June 2025, now holding nearly 5.99 million ETH, 4.9% of Ethereum's entire circulating supply, just short of its self-declared "Alchemy of 5%" target.
Lee's case rests on four pillars: tokenization of real-world assets moving faster than any prior cycle, deepening AI-blockchain integration, improving regulatory clarity, and a wave of institutional capital that, unlike traditional funds, faces no repayment pressure, meaning it can hold through volatility that would force other investors to sell.
His historical comparison is the real hook. Lee points to Ethereum's setup today mirroring its post-2018 bear market base, the exact consolidation that later produced a roughly 17x rally. Since bottoming in June, ETH has already climbed 86%, from around $1,506 to above $2,800.
His targets remain aggressive: Bitcoin toward $150,000, Ethereum eventually toward $60,000, as Wall Street adoption pulls in a far larger investor base than previous cycles ever saw.
His closing message wasn't subtle: "I think we're early. I think crypto could run a lot."
#Ethereum #Bitcoin #TomLee #Crypto #KoreaBlockchainWeek
"Ethereum has been consolidating for 5 years," Lee said, framing the current sideways action not as weakness, but as a coiled spring about to release.
He's not just talking. He's backing it directly, Bitmine, the Ethereum treasury company he chairs, has bought ETH every single week since launching its strategy in June 2025, now holding nearly 5.99 million ETH, 4.9% of Ethereum's entire circulating supply, just short of its self-declared "Alchemy of 5%" target.
Lee's case rests on four pillars: tokenization of real-world assets moving faster than any prior cycle, deepening AI-blockchain integration, improving regulatory clarity, and a wave of institutional capital that, unlike traditional funds, faces no repayment pressure, meaning it can hold through volatility that would force other investors to sell.
His historical comparison is the real hook. Lee points to Ethereum's setup today mirroring its post-2018 bear market base, the exact consolidation that later produced a roughly 17x rally. Since bottoming in June, ETH has already climbed 86%, from around $1,506 to above $2,800.
His targets remain aggressive: Bitcoin toward $150,000, Ethereum eventually toward $60,000, as Wall Street adoption pulls in a far larger investor base than previous cycles ever saw.
His closing message wasn't subtle: "I think we're early. I think crypto could run a lot."
#Ethereum #Bitcoin #TomLee #Crypto #KoreaBlockchainWeek
