Ethereum Has Bottomed, Says Tom Lee — Is a Major Rally Next?

TL;DRTom Lee says Ethereum has likely bottomed, citing a 93% correlation with major post-crash S&P 500 recoveries and on-chain capitulation signals today.He notes ETH is trading about 22% below...

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Ethereum Has Bottomed, Says Tom Lee — Is a Major Rally Next?

Source: cryptonews.net

TL;DRTom Lee says Ethereum has likely bottomed, citing a 93% correlation with major post-crash S&P 500 recoveries and on-chain capitulation signals today.He notes ETH is trading about 22% below its $2,241 realized price, close to prior turning points ...

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