Ethereum’s Winter? Tom Lee Thinks It’s Just a Hugely Overrated Snowstorm!

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Ah, the eternal dance of market cycles, where even the most stoic investors are reduced to trembling at the mere mention of “crypto winter.” What a delightful spectacle it was to witness Tom Lee, that paragon of market wisdom, take to the Hong Kong stage and declare that Ethereum is on the cusp of exiting its protracted winter of discontent. One might say he was less a prophet and more a particularly enthusiastic weatherman.

Speaking at the 3rd Futu Expo 2026, Lee invoked the ghost of Tom DeMark, a legendary market timer whose insights are as reliable as a pendulum in a earthquake. He compared Ethereum’s price action to the 1987 crash and the 2011 selloff, a comparison as audacious as it is… well, perhaps not entirely unwarranted. After all, what is life if not a series of historical repeats, albeit with slightly different ticker symbols?

“If you were involved in US markets, both times marked major declines,” Lee intoned, as if reciting a litany of doom. But fear not! According to DeMark’s 93% correlation to 1987, Ethereum has already bottomed-or, as Lee put it, “exiting the crypto winter now.” A conclusion so profound it would make even the most jaded philosopher ponder the mysteries of supply and demand.

Lee, ever the optimist, also cited Ethereum’s realized price, a metric so precise it could calculate the exact moment a whale’s wallet became a tomb. At $2,241, it allegedly reveals how deeply underwater the average holder has become. One might say it’s a veritable submarine of data, though the passengers seem to be enjoying the view.

“Currently, we’re at 22%,” he said, as if this were a secret code to unlock the gates of paradise. “So we’re at the level where in 2025, Ethereum started to turn higher.” A circular argument so elegant it would make a mathematician blush.

In a final act of bravado, Lee reminded us that over the last decade, Ethereum has outperformed every other asset class. A feat that would make even the most jaded investor weep into their champagne-though one suspects the tears are more for the 49,000% return than the market’s penchant for drama.

As the sun set over Hong Kong, Ethereum traded at $2,147, a price so modest it could only be described as… well, a crypto winter’s final sigh.

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2026-03-20 18:58