Fundstrat co-founder Tom Lee has reinforced his bullish outlook for Ethereum and Bitcoin, projecting substantial price gains by the close of 2025. Speaking at Korea Blockchain Week, Lee highlighted that Ethereum could reach $15,000, driven by a confluence of technical and fundamental factors.
Technical analysis by experts like Tracer indicates a 260% rally for ETH, based on consolidation phases lasting around 60 days, with Ethereum maintaining support above $4,000. This pattern mirrors historical breakouts, suggesting the current setup is a launchpad for higher prices.
Lee emphasized Ethereum's appeal as a neutral chain, making it a favorite for Wall Street and the White House. Institutional adoption is robust, with firms such as Bitmine accumulating over $10 billion in ETH within three years. Political support under the Trump administration adds momentum, as President Trump holds an estimated $500 million Ethereum stake, enhancing legitimacy.
For Bitcoin, Lee forecasts a year-end price of $200,000 to $250,000, citing seasonal strength in Q4 and a dovish shift from the Federal Reserve. He noted that Ethereum's price ratio to Bitcoin should revert to historical averages, further buoying ETH.