BREAKING
167d 3h ago

Tom Lee Predicts Ethereum to Rally to $5,500 in Weeks and $10K–$12K by Year-End — September Dip Seen as Buy Opportunity

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

Ethereum price projections surfaced on COINOTAG News (Aug. 27) after BitMine Chairman Tom Lee told interviewer Amit he anticipates a near-term move to $5,500, with a year-end range of $10,000–$12,000. These estimates were presented as projections rather than guarantees, reflecting Lee’s market outlook during the live discussion.

Lee highlighted historical seasonality in the broader crypto market, noting that a disproportionate share of annual gains often materializes in the fourth quarter. He referenced the year-to-date 35% return and the implied need for stronger Q4 performance, while also flagging the possibility of a seasonal correction in September.

Market participants should prioritize risk management and monitor short-term volatility, treating dips as potential entry points only after due diligence. These practical steps help align portfolio exposure with stated price scenarios without assuming certainty.

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