Odaily Planet Daily News: Tom Lee stated during a podcast this Friday that he remains generally optimistic about cryptocurrencies. He believes that despite short-term declines (such as precious metals absorbing speculative funds), the long-term bull market is still in its early stages (a ten-year bull market starting from 2022). Currently, the crypto market is in a bear phase with severe short-term pressure. ETH may touch $2,400 as a bottom (today’s Ethereum briefly dipped to a low of $2,200, now around $2,400), then rebound. If the ETH/BTC ratio returns to its historical high, ETH could reach approximately $12,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Russian $3 Million Crypto Scam Exposed: Celebrities and Boxers Among Victims, Mastermind Sentenced to 6 Years
A Russian businessman was sentenced to six years for cryptocurrency investment fraud involving over $3 million, with victims including renowned actors and boxers. The fraud scheme employed a classic Ponzi structure, and prosecutors vow to intensify crackdowns on such crimes. Market participants are urged to remain vigilant against promises of high returns and scrutinize fund flows.
GateNews3m ago
Ethereum Whale's Misoperation Causes $50 Million to Evaporate Instantly! Arbitrageur Rakes in $35 Million
An Ethereum user mistakenly exchanged 50 million USD in stablecoins for only 37,000 USD worth of Aave tokens in a token swap, sparking widespread discussion due to insufficient liquidity and extreme slippage. The incident exposed flaws in DeFi trading mechanisms, prompting Aave and CoW Swap to propose improvement measures. Responsibility disputes continue, with experts calling for optimized system design to better protect users.
GateNews8m ago
BTC and ETH options worth $1.97 billion in notional value expire and settle today
Gate News Alert: As of March 20, according to Greeks.live data, 23,000 BTC options will expire today with a Put Call Ratio of 0.88, a max pain level of $70,000, and a notional value of $1.6 billion. Additionally, 176,000 ETH options will expire today with a Put Call Ratio of 1.04, a max pain level of $2,150, and a notional value of $370 million. Next Friday (March 27) will see the quarterly expiration.
GateNews10m ago
$16 Billion in RWA Flows into Ethereum, Marking a Key Turning Point in the Battle Between Public and Private Blockchains
As on-chain data accumulates, the competition between permissioned and permissionless blockchains has entered a new stage. Ethereum's real-world assets exceed $16 billion, leading other public chains. Although private chain assets are massive in scale, they are primarily used for internal ledgers and lack liquidity. Experts generally agree that in the long term, permissionless public chains have greater advantages in liquidity and openness. Currently, most RWA projects adopt a hybrid model. Although private chains have advantages in compliance, applications are gradually concentrating on public chains.
GateNews19m ago
SEC Token Classification Framework Takes Effect, Bitcoin and Ethereum Face Major Regulatory Status Shift
The U.S. Securities and Exchange Commission (SEC) has released a "Token Classification Framework" that provides clear guidance for cryptocurrency asset regulation and reduces compliance uncertainty. This guidance categorizes crypto assets and helps promote industry stability, but formal legislative support is still needed to ensure long-term predictability.
GateNews24m ago
Amundi Launches $100 Million Tokenized Fund on Ethereum and Stellar Using Chainlink Oracle
Europe's largest asset manager Amundi, with approximately €2.4 trillion in assets under management, partnered with tokenization platform Spiko on March 19, 2026, to launch the $100 million Spiko Amundi Overnight Swap Fund (SAFO), utilizing Chainlink as the underlying oracle infrastructure to record Net Asset Value (NAV) directly on the Ethereum and Stellar blockchains.
CryptopulseElite42m ago
