Tom Lee’s $25,000 to $50,000 call on $ETH is a target for the next few years, not for the end of 2026. in late September he said a new all-time high this year was “absolutely” possible. He put $3,000 as the level for the near term, and “well above $5,000” after that. The old high is about $4,950, set in August 2025. ETH trades near $2,700 today. the $25,000 to $50,000 figure is a separate, longer call. He has said a 10x to 12x move above the old high, over a couple of years, would land near $60,000. In May he also mapped a 0.048 $ETH to $BTC ratio against a $250,000 bitcoin, which comes out near $22,000. The $25,000 to $50,000 range sits between those two longer estimates. he chairs BitMine, which has been buying ether toward a 5% supply target. His call for this year is a new high, around $5,000. The $25,000 to $50,000 range is the call for later. ETH at $2,700 still has to clear $5,000 first. Those are two different targets. #BTC Price Analysis# #Ethereum ETFs, stay tuned?# #Macro Insights# $BTC