Tom Lee, speaking on "The Compound" podcast, expressed optimism about the long-term prospects of the cryptocurrency market, despite acknowledging current short-term pressures. Lee noted that while the market is experiencing a bear phase, with Ethereum (ETH) recently dipping to $2200 before stabilizing around $2400, he anticipates a rebound. He suggested that if the ETH/BTC ratio returns to its peak, ETH could potentially reach $12,000. Lee's outlook aligns with his earlier predictions of a market dip followed by a rise, with Bitcoin expected to hit new all-time highs.
Tom Lee Predicts Long-Term Crypto Bull Market Despite Short-Term Pressures
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