Tom Lee Sees Ethereum Reaching $6,000 by 2026 Amid Market Rally
Fundstrat Global Advisors co-founder Tom Lee believes Ethereum's price could reach $6,000 by 2026 if Bitcoin climbs to $150,000 and the ETH/BTC ratio moves from 0.03 to 0.04.
This estimate is described as 'conservative' by Lee, who notes that the ETH/BTC ratio reached 0.08 during the 2021 bull run.
The total cryptocurrency market capitalization recently surpassed $2.65 trillion, with Ethereum's technical momentum standing out due to a key resistance at $2,500 and a potential breakout target at $2,800.