Tom Lee: Why I'm Not Worried About ETH's Current Price

Odaily Planet Daily News, July 13th, Tokyo. At WebX 2026 hosted by Coinpost, Bitmine Chairman Tom Lee delivered a speech titled "Ethereum: The Antidote to the Wealth Horror Valley." He stated that on a macro level in 2026, the key points to watch include: US monetary policy, the Clarity Act, AI FOMO and the capital it siphons away, and the remarkably poor performance of the financial sector across all industries. Comparing the price trends of ETH and the S&P 500, Ethereum's current phase closely mirrors the stock market post-1987, suggesting it is at a bottom and poised for an upturn.

Tom Lee also reviewed Ethereum's price elasticity across different past phases, arguing that many investors are merely afraid of "low prices" while overlooking its true value—Wall Street likes Ethereum (institutional adoption). Recently, another major event in the Ethereum ecosystem is the launch of Robinhood Chain and the corresponding dramatic consumption of ETH gas fees.