Yep*Fundstrat co-founder Tom Lee, same Token2049 / Korea Blockchain Week stretch late Sep - early Oct 2026.*$TRUTH $GNS $BTW
He keeps hammering same 3 lines:
*"This cycle will be the biggest ever" / dwarf previous* — Sep 30 Korea Blockchain Week 2026: _"I believe this crypto cycle will be the biggest ever"_ — Oct 8-10 Token2049 Singapore: _"We are in a full-blown bull market again"_
- *Why it dwarfs 2017 ICO + 2021 DeFi/NFT:* *Who's buying has changed* — earlier retail, now *institutions building real products* — BlackRock/JPMorgan tokenizing, banks need crypto strategy or become _"NCRs and MCIs of this era"_ — *Ethereum = settlement rail* — plus *$7T new liquid wealth per year*, *$700B inheritance to 20s in 2026 vs $100B 2019-20*, *200-day MA signal (BTC 18% above ∼$70.8k = 8 of 9 past bulls)*, *365-day SMA regained Sep 22 = 5/5 times higher 12m later 59%-1400%*, ETF + treasury buyers (BitMine holds *6M+ ETH ∼$16B*)
- *"Monster moves" + optimism muted:* Exact quote Token2049: _"Investors aren't bullish enough, and should expect some monster moves in crypto prices"_ — Longer base bigger breakout — _"massively undervalued"_ — Notes BTC dominance 57.5% vs ETH 10.5%, retail bearish — "never seen a bubble when everyone thinks it's a bubble, we're in 1997"
- *Catalysts he names:* Institutional inflows steady Sep, protocol upgrades (ETH *Glamsterdam Sepolia Oct 6*), AI integration + RWA tokenization, Fed rate cuts = confidence reinjection (Sep 2024 + Sep 1998 analog)
*Price tags he attached same interview:*
- *BTC $100k → ETH ∼$7,500*, ETH *>$5k by year-end* needs ∼2x from ∼$2.5k (4% market odds), cycle *$25k-$50k*, earlier *$60k ETH / $150k BTC* targets still referenced, ATH ETH *$4,954 Aug 2025*
*BREAKING 📈 Tom Lee Token2049 Oct 8-10: This cycle dwarfs all — ICO/DeFi/NFT were retail, this is institutions + tokenization + AI — "aren't bullish enough, expect monster moves" — says $7T/yr new money, banks without crypto = NCR/MCI, BTC above 200D MA = 8/9 bulls — predicts $5k ETH YE ($7.5k if BTC $100k), cycle $25k-$50k 🚀*
He keeps hammering same 3 lines:
*"This cycle will be the biggest ever" / dwarf previous* — Sep 30 Korea Blockchain Week 2026: _"I believe this crypto cycle will be the biggest ever"_ — Oct 8-10 Token2049 Singapore: _"We are in a full-blown bull market again"_
- *Why it dwarfs 2017 ICO + 2021 DeFi/NFT:* *Who's buying has changed* — earlier retail, now *institutions building real products* — BlackRock/JPMorgan tokenizing, banks need crypto strategy or become _"NCRs and MCIs of this era"_ — *Ethereum = settlement rail* — plus *$7T new liquid wealth per year*, *$700B inheritance to 20s in 2026 vs $100B 2019-20*, *200-day MA signal (BTC 18% above ∼$70.8k = 8 of 9 past bulls)*, *365-day SMA regained Sep 22 = 5/5 times higher 12m later 59%-1400%*, ETF + treasury buyers (BitMine holds *6M+ ETH ∼$16B*)
- *"Monster moves" + optimism muted:* Exact quote Token2049: _"Investors aren't bullish enough, and should expect some monster moves in crypto prices"_ — Longer base bigger breakout — _"massively undervalued"_ — Notes BTC dominance 57.5% vs ETH 10.5%, retail bearish — "never seen a bubble when everyone thinks it's a bubble, we're in 1997"
- *Catalysts he names:* Institutional inflows steady Sep, protocol upgrades (ETH *Glamsterdam Sepolia Oct 6*), AI integration + RWA tokenization, Fed rate cuts = confidence reinjection (Sep 2024 + Sep 1998 analog)
*Price tags he attached same interview:*
- *BTC $100k → ETH ∼$7,500*, ETH *>$5k by year-end* needs ∼2x from ∼$2.5k (4% market odds), cycle *$25k-$50k*, earlier *$60k ETH / $150k BTC* targets still referenced, ATH ETH *$4,954 Aug 2025*
*BREAKING 📈 Tom Lee Token2049 Oct 8-10: This cycle dwarfs all — ICO/DeFi/NFT were retail, this is institutions + tokenization + AI — "aren't bullish enough, expect monster moves" — says $7T/yr new money, banks without crypto = NCR/MCI, BTC above 200D MA = 8/9 bulls — predicts $5k ETH YE ($7.5k if BTC $100k), cycle $25k-$50k 🚀*