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Tom Lee's fund analyst: Ethereum is expected to rise to $5,500
2025-09-23 04:24

According to Odaily Planet Daily, Mark Newton, a fund analyst at Tom Lee, stated in an interview with FOX Business that Ethereum will not fall below $4,000 and predicts it will rise to $5,500. Newton has made numerous predictions about Ethereum's price movements. On September 16th, he predicted that ETH would not fall below $4,233 and would likely fall back to $4,418 or $4,375, creating a buying opportunity. He also predicted a rise to $5,500 by mid-October. However, on Monday afternoon, ETH dipped to $4,054, marking a rare instance of his recent predictions being inaccurate.