BREAKING
54d 22h ago

ETH Pullback Seen as Buying Opportunity as Crypto and AI Drive Exponential Growth, Says Tom Lee

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News reported on December 16 that Tom Lee, chairman of BitMine, an Ethereum treasury-focused firm, framed cryptocurrency and AI as catalysts for exponential growth. He argued that price levels respond swiftly to changing risk sentiment.

He noted that ETH and BTC valuations remain highly sensitive to risk appetite, implying that pullbacks during risk-off phases can open selective entry points for long-run holders.

The outlook pairs cryptocurrency with AI adoption, suggesting durable demand rather than speculative hype. Market participants are advised to assess liquidity, macro signals, and protocol fundamentals before adjusting exposures.

In this framework, Ethereum and Bitcoin remain leadership assets, with disciplined risk controls supporting orderly price discovery. COINOTAG notes that caution and data-driven positioning will guide near-term flow dynamics.

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