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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Wall Street renowned analyst Tom Lee has once again drawn market attention, this time focusing on Ethereum (ETH). Lee believes that ETH may experience an explosive moment similar to Bitcoin's in 2017, with prices expected to reach a range of $15,000 to $60,000 in the future.
As a well-respected analyst in the cryptocurrency field, Lee previously successfully predicted the rebound of the US stock market in 2022 and referred to Bitcoin as "digital gold" back in 2017 when its price was only $6000. Given his past prediction record, the market is paying close attention to his latest views.
Lee emphasized that Ethereum is becoming "the pillar of future finance." He believes that the current position of Ethereum is similar to that of Bitcoin in 2017, implying that a strong upward trend may be on the horizon.
However, investors should also be cautious about these predictions. The cryptocurrency market has always been highly volatile and is influenced by various factors. Although Lee's analysis is noteworthy, there are still many uncertainties regarding the actual direction of the market.
Regardless, Lee's prediction has once again brought Ethereum to the forefront of investor attention. With the continuous development of blockchain technology and decentralized finance, Ethereum's role in the crypto ecosystem is becoming increasingly important. Investors and market participants will closely follow Ethereum's future trends to see if it can achieve the breakthrough growth that Lee has predicted.