Key contributions

• Tom Lee Sees A Quick Ethereum Bounce Could Be Coming.

• Lee reiterated his bullish stance on both Ethereum and Bitcoin/

• His comments come as critics on social media highlight missed short-term price forecasts.

Tom Lee said Ethereum’s price could rebound sharply after its recent sell-off, arguing that historical price patterns, continued network usage and investor behavior after the market crash support a quick recovery, even as critics on social media questioned its credibility after a series of missed short-term forecasts.

In a series of posts on X on February 6, Lee said that declines in Ethereum have historically been followed by quick, V-shaped recoveries, adding that sharp declines often create what he described as the best entry points for both crypto and stocks.

“Each recovery in ETH is V-shaped,” Lee wrote. “The faster the decline, the faster the recovery.”

Lee said Ethereum continues to experience strong demand growth and remains central to what he described as the “future of finance,” pointing to sustained activity on the chain despite recent price weakness.

He also referenced changes in market structure, noting that Nasdaq lifted limits on the number of options contracts allowed for major Bitcoin and Ethereum exchange-traded funds earlier this year.

Lee acknowledged that many investors were uneasy about the recent selloff, but argued that market pullbacks historically present opportunities.

“The best entry points for crypto and stocks come after a dip,” he wrote, adding that April 2025 marked a similar turning point for US stocks after a correction.

Lee also reiterated his long-standing view that Bitcoin’s long-term performance favors investors who embrace volatility, noting that the crypto has never posted a negative four-year return.

“There’s been a lot of rage about quitting and people are saying crypto is over,” Lee wrote.

He warned investors against excessive leverage during volatile periods and singled out companies with minimal debt exposure.

Lee claimed that BitMine is debt-free and earning rewards from its Ethereum holdings, as well as Strategy, whose shares he said had responded positively to a strong quarterly report.

Lee’s comments come amid growing criticism of his short-term Ethereum and Bitcoin Price Predictionswhich have drawn sharp reactions from X traders and commentators.

BitMine’s president had previously predicted that Bitcoin would reach $180,000 and Ethereum would trade between $7,000 and $9,000 by the end of January.

As prices fell short of these targets, critics accused him of overpromising.

“$180,000 BTC and $7,000-$9,000 ETH were requested at the end of January,” one post read.

Another user wrote that Lee “no longer had any credibility,” while others said his biggest mistake was making short-term predictions instead of sticking to long-term directional views.

Lee has defended his broader view, saying last month that in a scenario where Bitcoin hits $250,000 and Ethereum trades at its historical average ratio, ETH could rise to $12,000.

Peter Schiff has a long-time bitcoin skeptic also criticized Lee, rejecting his claim that rising gold prices are bullish for Bitcoin.

“CNBC will continue to host Bitcoin shills for softball interviews,” Schiff wrote on X, “where they refuse to hold their guests accountable for their horribly wrong Bitcoin predictions.”

The publication Tom Lee says Ethereum could bounce back “as fast as it fell,” even as critics push back appeared first ccn.com.