Tom Lee Says Ethereum Looks Ready To Exit Crypto Winter

Tom Lee used a Hong Kong conference stage to argue

Tom Lee Says Ethereum Looks Ready To Exit Crypto Winter

Tom Lee Says Ethereum Looks Ready To Exit Crypto Winter

Tom Lee used a Hong Kong conference stage to argue that Ethereum may be close to a cyclical turn, pointing to historical market analogs and on-chain cost-basis data that, in his view, suggest the selloff has reached exhaustion.THE ETHEREUM BOTTOM IS IN ‼️🔹 Match to 2011 bottom
🔹 Realized price: $2,241
🔹 ETH ~22%… pic.twitter.com/62TZscjChe

ETH must overcome the 0.382 Fib, 1-week chart | Source: ETHUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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