ETHEREUM News Today: “Can you do Eth 100x?” Tom Lee questions star-news.press/wp

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With ETHEREUM hovering about $ 3764 and a strong bullish momentum, Tom Lee might not be a $ 6000 backer.

Institutional activity continues to grow around Ethereum (ETH).

At a time when the narration began about the second largest encrypted currency in the world, not only as a bitcoin supplement (BTC), but as a digital origin with greater capabilities in the long run.

Tom Lee on Ethereum

In a modern appearance on “without a bank” PodcastTom Lee, a bitcoin lover long ago, prepared waves by noting that the “upscale state of the trend” in Ethereum can already be out of bitcoin.

He said ,

“Can Eth 100x do? I mean, Joe Lubin is a kind of this type of bullish trend in his mind.”

Although he has long supported by Bitcoin, Tom Lee believes that Ethereum can eventually outperform Bitcoin in the value of the network, thanks to its broader benefit.

He suggested to me that the role of Ethereum can expand beyond financing, and may become a major infrastructure for developing artificial intelligence in the United States, a step that can be compatible with strategic national interests.

While reaffirming the Bitcoin as digital gold, Lee emphasized the importance of ETHEREUM in a digital future.

He also expected a rally to prepare in the short term, where the ether could reach $ 4000, a level that has not been touched since late 2024, with highlighting that ETH, from his point of view, had a stronger narration even in December.

“Thus, like me, we must recover at least to this level. Then Ethereum is the best story of the day than it was a year ago. A year ago, Ethereum was 0.05 to Bitcoin, right?”

Why is he very confident of Ethereum?

It is claimed that Ethereum is still significantly, stressing that its true value should be closer to $ 6000.

With the pioneering Bitcoin role in proving the legitimacy of digital origins, looked at Ethereum as a more diverse and aspiration platform.

In fact, talk Separately With Natalie Bruneel about metal currency stories, he also made it clear to me that his rise in Ethereum does not come at the expense of Bitcoin.

Instead, both assets see two different different differences in the purpose, as Bitcoin is a value of value like digital gold, and ETHEREUM is the infrastructure that operates at the next wave of digital transformation.

It is believed that the extensive ETHEREUM interest over smart contracts, the distinctive symbol, and decentralized applications place it as a critical player in the development of Crypto.

Does ethereum have the capabilities?

According to Lee, safe and friendly architecture of ETHEREUM makes it the ideal basis for Stablecoins and asset symbol, which are the critical ingredients for the advanced digital economy.

This, he believes, enhances the Ethereum issue as the backbone of future financial infrastructure.

“Well, I think Ethereum spends the moment 2017 now because the time will take Wall Street the distinctive symbol seriously, and this is done in Ethereum. I think it’s the largest Macro trade for the next contract.”

This upscale view is in line with the last procedure from Ethereum, where Altcoin has been traded with $ 3,764.29 at the time of the press, an increase of 3.58 % in the past 24 hours, according to Coinmarketcap.

Technical indicators such as RSI and MACD also supported upward momentum, indicating a strong trend.

However, with RSI hovering in an excessive peak area, analysts warn that short -term decline can be on the horizon before any other gathering.

Source: Trading Offer