ETH MicroStrategy Chairman Tom Lee has just quoted a Bloomberg analyst's viewpoint: Ethereum is undergoing a slight correction, expected to reach 4075 – 4150 USD by mid-week, but emphasized that this correction is healthy.

The analyst's viewpoint:

This wave of consolidation will last for another 1 – 2 days, but around mid-week at 4075 – 4150 USD will form the best accumulation zone.

After that, ETH is likely to surge to about 5100 USD towards a new high.

The current correction aligns with a typical pattern in Elliott Wave theory and is not a major issue.

At the same time, as long as BTC does not drop below 111900, it is expected to rise to 130,000 - 140,000 USD next, continuing to bet on the market trend.