Tom Lee Blames Ethereum Slump on ‘Impatience,’ Says ‘Buckle Up’ for Crypto Rally

Tom Lee Blames Ethereum Slump on ‘Impatience,’ Says ‘Buckle Up’ for Crypto Rally

Tom Lee Says Crypto Bull Market Is Just Beginning Despite Ether Weakness

The Bitmine chairman said the vast majority of tokenized assets are built on Ethereum and gave a bullish outlook for crypto over the next 24 to 36 months.

Tom Lee: Ethereum’s Stagnation Reflects Impatience, Not Weak Fundamentals

Fundstrat’s Tom Lee believes Ethereum’s prolonged price weakness is a reflection of impatient investors rather than deteriorating fundamentals. Despite mounting losses and renewed pressure around $2,000, the investor says developments in the Ethereum ecosystem justify a longer-term bullish outlook....

Tom Lee: Ethereum's Stagnation Reflects Impatience, Not Weak Fundamentals

Lee pointed to the steady and visible tokenization progress this year, with the majority on Ethereum, as a reason to stay patient.

Is Ethereum’s slide below $2250 sign of ‘impatience of markets’?

The liquidation heatmap shows that $269.37 million in crypto positions were liquidated over the past 24 hours, affecting 80,775 traders.