Crypto strategist Tom Lee says Ethereum’s price may rebound quickly after recent declines and suggests buying the dip.

Some analysts still target a long-term price as high as ~$7,500 for the end of 2026, but the near-term outlook is mixed due to weak momentum.

Recent price action shows some rebound with accumulation from larger holders.

On-chain data shows ETH dipped below a key value band, which historically marked bottoms — $ETH

ETH

2,051.58

+6.54%