Tom Lee's insightful presentation at Consensus HK 2026
🔷Ethereum will form a perfect bottom if it touches $1890 again:
The crypto market needs a Bitcoin reversal, which requires a weakening of gold. He believes this shift will occur this year.
Regarding Ethereum, he points out that since 2018, Ethereum has experienced eight drops exceeding 52%, and each of those drops resulted in a V-shaped bottom reversal.
Last year, from January to March, Ethereum fell by 64%, but subsequently recovered at almost the same pace.
Tom Lee states that if Ethereum touches $1890 again, it will form a perfect bottom.
He believes Ethereum is currently very close to its bottom, and investors should look for opportunities rather than sell.
Furthermore, he emphasizes that Ethereum's future drivers include Wall Street's reconstruction of the financial system based on blockchain, the application of AI agents, and the creator economy. He states that while there are still internal divisions within Wall Street, the willingness to use public blockchains is clear.
