BTC, ETH price news: Tom Lee sees bitcoin rebound, ether bottoming below $1,800
Fundstrat's Tom Lee advised investors to buy crypto dips, suggesting Bitcoin will rebound and Ether may bottom near $1,800.Summary
Speaking at Consensus Hong Kong 2026, Thomas Lee, CIO of Fundstrat, urged investors to stop trying to time the market bottom and instead look for buying opportunities amid the current crypto "mini winter." He noted that Bitcoin has seen a 50% drawdown from its October highs, and Ethereum (ETH) has also slipped. Lee attributed recent price weakness to volatility in the metals market, which impacted risk assets. He believes gold has likely topped for the year, positioning Bitcoin for outperformance in 2026 after underperforming gold in 2025. Regarding Ether, Lee suggested that after repeated 50% drawdowns since 2018, a sustained recovery might require ETH to briefly dip below $1,800 to form a "perfected bottom," citing market technician Tom DeMark.
(Source：CoinDesk)