Lee Sees $6,000 Ethereum Target as Bitcoin Reaches for $150,000

Tom Lee, co-founder of Fundstrat and chairman of Bitmine Immersion Technologies (NASDAQ: BMNR), has set a $6,000 Ethereum price target for the end of 2026. He made this prediction on the Milk Road Show, citing an increase in the Ethereum-to-Bitcoin ratio from its current level of around 0.03 to 0.04 by year-end.

At that ratio, with Bitcoin trading at $150,000, Ether would be valued at approximately $6,000, a level Lee described as 'very conservative.'

Lee pointed out that the Ethereum-to-Bitcoin ratio reached nearly 0.08 during the 2021 cycle, suggesting significant room to the upside.