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.