Ready for another Bull Run? Fundstrat’s Tom Lee Forecasts ETH Price to Hit $5,500!

Jakarta, Pintu News – In the recent downturn in the crypto market, Fundstrat analyst Mark Newton is giving new hope with a prediction that Ethereum (ETH) will soon hit its bottom and is set to surge to $5,500. This prediction comes after Ethereum (ETH) experienced a sharp drop below $4,000, raising concerns among investors.

Ethereum (ETH) Recovery Prediction

According to Mark Newton, Ethereum (ETH) is expected to bottom out in the next one to two days before embarking on a significant rise. Newton, in an analysis shared by Tom Lee on X, pointed out that the recent drawdown in Ethereum (ETH) price is part of a three-wave correction after a strong technical rise from September 25 to October 7.

Newton believes that the period of Ethereum (ETH) price decline is over and that the cryptocurrency is now ready for a big rally. Newton also added that Ethereum (ETH) has found strong support in the range of $4,200 to $4,220, which is considered the optimal area for a rebound. With this support, Newton predicts that Ethereum (ETH) will not only recover but also reach new record highs above $5,000.

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BitMine Market Analysis and Positioning

Tom Lee, who serves as Chairman at Ethereum treasury company BitMine, revealed in an interview with CNBC that the recent market pullback was overdue. Although his comments were more directed at the stock market, the gains recorded by the crypto market since April, especially during the Trump tariff period, are also significant.

Ethereum (ETH) alone has recorded a gain of over 100% during the period. BitMine, which is the largest public Ethereum (ETH) holder with over 2% of the total supply, recorded a floating loss of approximately $1.9 billion from their Ethereum (ETH) investment. However, the company appears to have further increased their investment in Ethereum (ETH), withdrawing 78,824 ETH, worth $302.12 million, from Kraken.

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Conclusion

With in-depth analysis and strong market understanding, this prediction from Fundstrat offers a ray of hope for the struggling Ethereum (ETH) market. Investors and market watchers will be waiting with great anticipation to see if Ethereum (ETH) will reach this $5,500 price prediction in the near future.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Tom Lee’s Fundstrat Predicts Ethereum Rally to $5500 Following ETH Bottom. Accessed on October 13, 2025
• Featured Image: Generated by AI