📈 Tom Lee Expects a Sharp Reversal in $ETH …

BitMine CEO Tom Lee believes Ethereum is nearing a recovery. According to him, since 2018, ETH has delivered eight V shaped rebounds following deep corrections and the current setup could mark the ninth.

Despite weak price performance, fundamental metrics remain strong: the staking queue has reached an all time high of 71 days, with around 4 million ETH waiting to be deposited into the staking contract. Network interest appears intact, even as the broader market remains skeptical.

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