$ETH Ethereum News: Tom Lee Predicts Possible V-Shaped Recovery
Fundstrat’s Tom Lee believes Ethereum could be close to another strong rebound, even after its recent price decline.
Speaking at a conference in Hong Kong, Lee explained that Ethereum has shown a consistent historical pattern. Since 2018, the price of Ether has dropped more than 50% on eight different occasions. According to him, every time this happened, Ethereum recovered quickly with a sharp V-shaped bounce.
Based on this past behavior, Lee suggests that Ethereum may once again experience a rapid recovery following its recent sell-off.Tom Lee said Ethereum has historically recovered as fast as it declines, forming a V-shaped rebound each time it drops over 50%. He believes the current market looks similar to past bottoms in 2018, 2022, and 2025, suggesting another recovery could be near.
Analyst Tom DeMark sees $1,890 as a possible short-term downside level, calling it a potential “perfected bottom” if briefly tested twice. Lee advises investors to focus on opportunity rather than panic selling.
Ether is currently trading below $2,000 after a recent 37% monthly drop. Despite weak prices, staking demand is at record levels, with over 30% of ETH supply locked, reducing liquid supply and signalling strong long-term confidence.
