In an interview with Farokh Sarmad, market strategist Tom Lee described the current downturn in the cryptocurrency market as a “mini-winter.” Lee said this is not a long-term bear market, but rather a period that the market needs to digest.
Mr. Lee urged investors not to wait for a “perfect bottom,” arguing that a gradual buying strategy makes more sense during economic downturns. He said the current difficult period could last anywhere from several months to six months, and a truly strong recovery was unlikely to occur until late 2026.
Lee said he bought Ethereum at the highest price and does not regret his decision. He noted that Ethereum’s current price level is quite close to the bottom and the price could temporarily fall below the $1,800-$1,890 range, but this may not be permanent.
Recalling that there have been eight “V-shaped” sharp recoveries historically, Lee said that Ethereum forms the fundamental infrastructure for stablecoin ecosystems, AI applications, and the content creator economy in the long term. According to Lee, ETH is “the cornerstone of the story for the next 15 years.”
Tom Lee also reiterated his 2026 price prediction. According to him, Bitcoin could rise in the $200,000 to $250,000 range, while Ethereum is expected to fall in the $12,000 to $22,000 range. He said these projections are based on historical growth rates and past cycles.
*This is not investment advice.
