Ethereum: Tom Lee sees ETH bottom – buy now?

INFBusiness
26.08.2025
News

Tom Lee, managing partner of Fundstrat Global Advisors and currently active as a Saylor equivalent for Ethereum, predicted last night (CET) that ETH will reach a bottom “in the next few hours.” He suggested that the second-largest cryptocurrency may already have reached its lowest point.

This could therefore present a favorable entry opportunity for investors. The BitMine chairman himself likely thought so, as the largest Ethereum treasury firm announced yesterday the purchase of 4,871 ETH for $21 million. This brought the company's total holdings to approximately 1.72 million ETH, which, at current market prices, corresponds to a value of approximately $7.5 billion. The company's net asset value thus climbed to almost $9 billion.

Lee's prediction comes from a message from Mark Newton, Global Head of Technical Strategy at Fundstrat. He stated, “ETH offers a very good risk/reward ratio here,” adding that he is “very skeptical” that it will break the trend or break through last week's low. “Ideally, the price should bottom out at $4,300 over the next 12 hours and then rally to new highs, pushing above $5,100 and into the vicinity of $5,400 to $5,450,” Newton said. At the time of writing, the native token of the leading smart contract platform is trading above $4,400, so the prediction appears to be coming true.

Spot ETFs also buy the dip

But it's not just ETH treasury firms that continue to show bullishness. Ethereum spot ETFs in the US also recorded net inflows totaling $443.9 million on Monday, marking a positive result for the third day in a row. Notably, inflows into Ethereum ETFs on Monday were more than double those of Bitcoin index funds.

“ETH ETFs continued to outperform BTC ETFs in terms of inflows, indicating a significant rotation shift toward Ethereum driven by yield opportunities, regulatory clarity, and growing adoption by corporate treasuries,” said Nick Ruck, Director at LVRG Research.

The shift in investor sentiment from Bitcoin to Ethereum is also symbolized by the activities of a crypto whale. He sold $2.7 billion of BTC on Sunday and immediately invested the proceeds in ETH. Although he still holds 56,816 BTC, currently valued at $6.36 billion, the portfolio shift is nevertheless remarkable.

Given the current momentum, Ethereum's uptrend could indeed continue, and ETH could reach new heights. However, if Peter Schiff's latest prediction for Bitcoin proves correct, ETH also faces a massive price drop.

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