Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
ETH BitMine Chairman Tom Lee said that Ethereum (ETH) is about to usher in a major breakthrough in technology and reiterated its bullish stance.
According to the technical analysis highlighted by Lee, the price of Ethereum is only about 3.5% away from the upper boundary of the Ichimoji Equilibrium Cloud on the daily chart. If ETH breaks this level, it will mark the first time since October 9, 2025 that it has stood above the clouds.
Ethereum is currently trading at around US$1,906, and the upper cloud boundary, which technical analysts watch closely, is also close to the current price as an important resistance level.
Breaking through the upper boundary of the one-eye equilibrium cloud is regarded as an important signal in technical analysis, indicating that the current trend may weaken or a new round of upward trend may begin. Therefore, continued breakthroughs are expected to pave the way for Ethereum to move towards higher prices.
Tom Lee remains bullish on Ethereum
Tom Lee maintains his previous optimistic view on Ethereum. In his July assessment, he said he expected the ETH/BTC trading pair to strengthen in the second half of 2026.
Lee's long-term arguments against ETH are based on the following factors: ETH's growing status as a monetary asset, the growing adoption of stablecoins, and the growing popularity of monetization of traditional assets on the blockchain.
