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Tom Lee Updates Ethereum Price Target Prediction: Expected to Rise to $5500 Within Weeks, Year-End Target Price $10,000 to $12,000

Summary: According to reports, BitMine Chairman Tom Lee recently stated during an interview that Ethereum is expected to rise to $5500 within weeks, with a year-end target price of $10,000 to $12,000. Lee emphasized that most cryptocurrency market movements typically occur in the fourth quarter. He also expressed concerns about a potential seasonal adjustment in the ...

According to reports, BitMine Chairman Tom Lee recently stated during an interview that Ethereum is expected to rise to $5500 within weeks, with a year-end target price of $10,000 to $12,000. Lee emphasized that most cryptocurrency market movements typically occur in the fourth quarter. He also expressed concerns about a potential seasonal adjustment in the crypto market in September, but highlighted that any dips would present buying opportunities.

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