š Tom Lee: Market Skepticism Could Fuel the Next Big Crypto Rally
According to insights shared by Tom Leeāco-founder of Fundstrat and chairman of Ethereum-focused Bitmine Immersion ($BMNR)āthe current wave of disbelief in the crypto market rebound could be exactly what propels it higher. Lee points out that "investors have consistently underestimated every recovery since 2020," and this time appears no different.
Wall Street is quietly but steadily ramping up its exposure to digital assets, and Ethereum ($ETH) is at the forefront of that trend. The growing push for tokenization is directly benefiting Ethereum, whose rock-solid performance recordāincluding zero downtime since inceptionāmakes it an attractive infrastructure choice for institutional finance.
Lee estimates that the fair value of ETH is closer to $15,000, far above its current market price of $3,700, suggesting significant upside potential. He emphasizes that traditional finance is still underestimating Ethereumās potential and that we are merely in the middle innings of Ethereumās broader adoption cycle.
With institutional confidence building and market skepticism still high, the stage may be set for a powerful rallyāone that once again surprises those sitting on the sidelines.
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