Most bullish ETH Tom Lee predicted in a media interview last November that BTC would reach a new high in January 2026, and his largest holding ETH would break through $7,000 – $9,000 in January. However, just as January ended, BTC on the last day of January fell below the important $80,000 mark, and even briefly dropped below $75,000, while ETH performed even worse, not only losing the $3,000 support but also falling below $2,300. The market was bleak, and he no longer made predictions. The only remaining forecasts are that by the end of 2026, BTC will reach at least $200,000, and ETH will rise to $12,000.
Tom Lee’s basis is derived from past cryptocurrency market cycles. Indeed, according to Bitcoin’s four-year cycle, a new wave of bullishness should have arrived at the beginning of this year. However, many analysts already suggested last year that Bitcoin’s “four-year cycle theory” might have become invalid. Judging from the current situation, it is almost certain that cryptocurrencies will find it difficult to see such a rally in the short term, including the ETH super cycle expected from tokenized economy adoption, which seems to be delayed as the US CLARITY Act faces resistance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Large BTC Wallets Resume Accumulation as Bitcoin Network Reaches 571M Users
Gate News bot message, wallets holding 100+ $BTC have resumed accumulation, signaling renewed buying activity among large holders. At the same time, Bitcoin adoption continues to expand globally. The network is estimated to have around 571M onchain users.
GateNews19m ago
Bitcoin Shows Value Bottom Signals but True Market Floor Missing
Bitcoin is at a "Value Bottom" ideal for long-term dollar-cost averaging, but has not yet reached a "Structural Bottom," leading to projected volatility between $60K-$70K. Investors should prepare for continued fluctuations and potential buying opportunities.
BlockChainReporter24m ago
Bitcoin Trades Narrow Range As Resistance Holds Near $71K
Bitcoin is trading around $70,335, showing a 2.13% decline in 24 hours. Analysts note a resistance near $71,400 and a consolidation phase, with traders awaiting a decisive breakout above or below established support and resistance levels.
CryptoBreaking33m ago
A trader went long on 120,000 ETH and 700 BTC, with total unrealized gains exceeding $25.96 million.
Gate News reported that on March 13th, according to Ai Yi monitoring, ETH briefly broke through $2200, with a certain trader accumulating 120,000 ETH long positions and 700 BTC long positions, with total unrealized gains reaching $25.968 million. Among them, the ETH long position holds 120,000 coins valued at $262 million with unrealized gains of $22.576 million; the BTC long position holds 700 coins valued at $51.28 million with unrealized gains of $3.392 million.
GateNews47m ago
Listed Company BGIN's first 4nm Bitcoin mining chip, BT1, completes its initial tape-out.
BGIN BLOCKCHAIN LIMITED announced that its independently developed Bitcoin mining ASIC chip BT1 has successfully completed its first tape-out, utilizing 4nm process technology, marking an important milestone in its research and development efforts. The chip has currently entered the system-level testing phase, demonstrating the company's continued success in research and development capabilities.
GateNews53m ago
Liquidations across the network in the past 1 hour totaled $95.98 million, with BTC and ETH accounting for over 85% of the liquidation amount.
Gate News reports that on March 13th, Coinglass data shows that the entire network liquidated $95.9816 million in the past hour. Among these, short position liquidations were $92.4061 million and long position liquidations were $3.5756 million. Breaking down by cryptocurrency, BTC liquidations were $40.96 million and ETH liquidations were $40.16 million, with the two combined accounting for 84.4% of total liquidations.
GateNews58m ago
