BitMine chairman Tom Lee has predicted that Ethereum's price could soar to $63,000, driven by its potential to capture a portion of the $300 trillion global financial market through tokenization. Currently, Ethereum's price remains above a crucial support level of $3,300, despite a recent 12% correction.
On-chain data indicates significant accumulation by large holders, including Bitmine Immersion Technologies, which has added over 744,600 ETH to its treasury since October 5. Ethereum is facing resistance around $3,700, with future price movements hinging on overcoming key Fibonacci levels.
Ethereum Price Could Hit $63,000, Predicts BitMine Chairman
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