Tom Lee Predicts Ethereum Could Hit $6,000 If Bitcoin Reaches $150,000

Tom Lee, co-founder and head of research at Fundstrat Global Advisors, says Ethereum is 'vastly undervalued' despite its recent price surge.

Last week's rally from around $1,900 to $2,500 was not just a short squeeze, but a 'course correction', according to Lee.

Lee sees improving crypto fundamentals while prices were still acting like the market was stuck in a deep crypto winter. He notes that major financial institutions are building tokenized products and stablecoins are expanding.

The rise of AI agents using crypto rails for payments and settlement is another key driver, says Lee. Traditional financial rails were built for humans, not software agents making instant micro transactions.