It appears that one of our favorite chinamen named Tom Lee has made another prediction and this time this is on Ethereum. He has predicted that this will pump to $16k for 2025. However, I am very skeptical because Tom Lee is also one of the investors behind Bitmine which has become a digital asset treasury company where they copy the strategy of Michael Saylor for Microstrategy. However for Tom Lee's Bitmine, this is buying Ethereum to hold in their treasury.
Is Tom Lee on shilling Ethereum or will this really pump to $16k because of Bitmine's purchases from the market?
Tom Lee referred to a new presentation by Sean Farrell, Fundstrat’s head of digital asset strategy. Farrell’s analysis suggests Ethereum could reach $16,000 if it regains its 2017 ETH/BTC ratio peak of 0.14. While Tom Lee mentioned that this peak was in 2021, it actually occurred in 2017.Read in full https://thecryptobasic.com/2025/08/07/tom-lee-believes-ethereum-could-reach-16000/
This is clearly a lot of new news about Bitcoin and ETH, however the media encouragement helps people to be confident, more and more people preach bullish encouragement to the market, the more retail and institutions enter into this market will boost accumulation on BTC and ETH, even though we cannot measure how much the words are, but this shows that the current media shows the current explosion of the market at the end of this cycle.
Not only Tom Lee is in addition, traders, influencers and institutions also speak up with market optimism which will continue to surge into the parabolic zone of the increase.