Tom Lee prediction: Ethereum to $22,000 despite the current decline

Registration fee Ethereum It recently fell below the $2,300 level, but… Tom Leethe co-founder of Fundstrat, called this price cheap, publicly announcing from above the threat of the price until $22,000. In his speech at the Consensus conference in Miami, Lee gave a speech based on the data that is expected to happen 7x, led by the tokenization of assets, proxy AI, and the absorption of water by organizations that have already begun to reduce availability.

Lee based his predictions on statistics ETH/BTC Its previous value of 0.048, which jumped to 0.087 during the 2021 bull run, is used for its Bitcoin price milestone of $250,000. This mathematical calculation results in a level of $22,000, which represents its activities. Lee had already announced the beginning of the “digital revolution” at the beginning of this month, and his participation in the Consensus meeting comes to strengthen this conviction with visible figures.

Far from passing news: $ 22,000 for Ethereum is not just a dream

Ethereum spent almost five years consolidating after the last major price increase, a significant squeeze window. On the chain data shows that the number of The price of ETH Transactions have declined for decades, and a large portion is locked up in fixed-rate contracts or used as collateral for Decentralized Finance (DeFi) protocols. When demand suddenly rises against this limited supply, prices move very quickly.

Current resistance is above the $2,400 level. A clear breakout and a weekly close above this level gives way to $3,200, which is an important point of preparation. On the other hand, closing below $2,100 will reopen the support gap at $1,900, which will greatly delay the realization of this idea.

My data reading on the web seems strange; Where the company controls BitMineunder the leadership of Lee, they now have more than 4% of the money around Ethereum, and they hold about 85% of the stock, generating an annual loss of more than $300 million.

“Ethereum is the rarest stablecoin, and it has never experienced a crisis,” said Tom Lee.

A stock display case supports long-term goals; The real world net worth of the Ethereum network has already surpassed $8 billion in US Treasuries alone. Lee cited industry forecasts that put the risky market for branded products in the billions of dollars.

Lee also noted that stablecoins have already surpassed corporate payments VisaThis is a success where they saw proof that blockchain-based money is no longer a fantasy, but has become the basis of existence.

Beyond the $22,000 level, Lee described two other encouraging developments: $62,000 If the ETH / BTC ratio reaches 0.25, it is$250,000 In terms of total tokenization authority, Ethereum accounts for the majority of the global currency.

These numbers are a long-term bet, but the $22,000 start-up event has some support; According to Lee, closing and keeping Bitcoin above $90,000 would confirm that the bull has really started.

A note Tom Lee prediction: Ethereum to $22,000 despite the current decline appeared for the first time Cryptonews Arabic.

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