Although the cryptocurrency market experienced a significant correction by the end of 2025, investment research firm Fundstrat co-founder and known as the “Wall Street Oracle” Tom Lee remains confident and optimistic about this year’s market performance. He believes that Bitcoin’s upward momentum has not yet peaked, and there is a possibility of reaching new highs as early as January this year.
Looking back at Tom Lee’s past predictions, they can be described as bold and aggressive. In August of last year, he confidently stated that Bitcoin would break the $200,000 mark before the end of 2025. However, reality is always challenging. Although Bitcoin briefly reached a historic high of approximately $126,000 in October last year, the rally lacked follow-through, and by the end of 2025, it retreated to around $88,500.
In response to the missed forecast, Lee stated on CNBC’s Squawk Box on Monday:
We admit that our previous optimistic view that Bitcoin could break its high before December was overly optimistic. But I still firmly believe that Bitcoin has not yet reached its peak, and we may even see Bitcoin reach new highs before the end of January 2026.
Tom Lee emphasized that investors should not assume that Bitcoin, Ethereum, or other cryptocurrencies have already peaked. He expects the market this year to be divided into two phases: the first half will be more volatile, especially in the short term, possibly triggered by institutional rebalancing and turbulence; but the overall structure remains bullish, and the second half is expected to strengthen. He said:
2026 will consist of two very different halves. The first half may be challenging as we deal with institutional rebalancing and the “strategic reset” in the crypto market, but this volatility will set the stage for the “epic rebound” we anticipate in the second half.
He added that the so-called “reset” is not a sign of structural weakness but a necessary phase of digestion and consolidation after years of excess gains in risk assets.
Optimistic about Ethereum entering a “Super Cycle”
Among various cryptocurrencies, Tom Lee’s outlook on Ethereum is particularly optimistic. He believes Ethereum is entering a multi-year growth expansion phase, potentially replicating Bitcoin’s “long bull run” from 2017 to 2021.
In fact, last year, Tom Lee also predicted that Ethereum would surge to $15,000 before December 2025, but the actual high only reached $4,830, and by the end of the year, it closed around $3,300. Nevertheless, he has not changed his stance in his latest interview:
We believe Ethereum is severely undervalued. We believe Ethereum is entering a super cycle, similar to Bitcoin’s explosive period from 2017 to 2021.
At the time of Tom Lee’s remarks, his crypto reserve company Bitmine was continuously increasing its Ethereum holdings, which now total 4.14 million coins. In his view, holding Ethereum is not speculative but an inevitable part of corporate asset allocation:
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Global central banks exploit crypto infrastructure at low cost, mBridge uses an Ethereum-based architecture
The global cryptocurrency market fell sharply between 2021 and 2022, while central banks in various countries began to use blockchain infrastructure developed by the private sector—such as the BIS’s mBridge project—without having to bear development costs. This model has sparked controversy, because when central banks adopt technology that has already undergone deep validation by the private sector, it may erode incentives for private-sector innovation and affect future financial venture investments.
MarketWhisper1h ago
A certain address’s ETH swing trading generated a profit of $256k, and it has completed take-profit and exited.
Gate News message, April 7, according to crypto analyst Ai Yi monitoring, a certain address built a position of 4,827 ETH at about $2,047.53 between April 4 and April 5, and sold it on April 7 at about $2,100.94. This batch of ETH was transferred to a certain CEX within the past 3 hours and exchanged for USDT; the transaction amount was approximately $10.14 million. The profit from this swing trade was approximately $256k.
GateNews1h ago
Tom Lee has released a post-war asset ranking, with Ethereum outperforming the broader market to win second place.
Tom Lee said on CNBC that since the start of geopolitical conflicts, Ethereum has outperformed the broader market, posting a gain of more than 8% and ranking second globally. Wartime fiscal spending is expected to grow, which will provide support for the market. BitMine recently holds more than 4.8 million Ether—equivalent to more than 4.8 million Ethereum—showing bullish confidence and strategy.
MarketWhisper1h ago
Tom Lee: The crypto winter is about to come to an end, and BitMine is accelerating its purchases of Ethereum
Ethereum reserve firm BitMine has recently accelerated its purchases of ETH. Its ETH holdings have surpassed 4.8 million coins, and its asset size has reached $11.4 billion. The company’s chairman, Tom Lee, believes that the mini-crypto winter is nearing its end, and that ETH’s current price does not yet reflect its high usability and its position as a direction for future financial development.
BitMine accelerates buying ETH
BitMine disclosed its latest crypto holdings yesterday. As of April 6, BitMine holds assets worth $11.4 billion, including:
4,803,334 ETH
198 bitcoins
$92 million in Eightco Holdings stock (ORBS)
Beast worth $200 million
ChainNewsAbmedia2h ago
BitMine Holds Nears 4% of Ethereum Supply as ETH Price Hits Weekly High
BitMine Immersion Technologies (BMNR), the publicly traded Ethereum treasury firm chaired by Tom Lee, added 71,252 ETH (approximately $152 million) in the week ending April 5, 2026, bringing its total holdings to 4.803 million ETH valued at roughly $10.3 billion and representing 3.98% of the circulating token supply.
CryptopulseElite2h ago
Whale address 0xA5CB has deposited 60k ETH worth $128.8 million to a certain CEX within the past 4 hours
Gate News update, April 7, Lookonchain monitoring shows that whale address 0xA5CB deposited 60,001 ETH worth approximately $128.8 million into a certain CEX within the past 4 hours.
GateNews2h ago
