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

Odaily Planet Daily News, July 13, Tokyo, at WebX 2026 hosted by Coinpost, Bitmine Chairman Tom Lee delivered a speech titled "Ethereum: The Antidote to the Wealth Valley of Fear." He stated that on a macro level in 2026, the most noteworthy factors include: U.S. monetary policy, the Clarity Act, AI FOMO and the capital it drains, and the financial sector's particularly poor performance across all industries. Comparing the trend charts of ETH and the S&P 500, Ethereum's current stage closely resembles the stock market after 1987, which is at the bottom and poised to rise.

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