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Tom Lee Updates Ethereum Price Target Prediction: Surge to $5,500 in a Few Weeks, Year-End Target of $10,000 to $12,000

2025.08.27 11:24:44

On August 27th, Tom Lee, the chairman of BitMine, recently stated in a live interview with amit that he anticipates Ethereum to rise to $5500 within a few weeks, with a year-end target price ranging from $10,000 to $12,000. Generally, in the cryptocurrency market, significant movements often occur in the fourth quarter. "So, if you have already achieved a 35% gain since the beginning of the year and need to end up with a 200% gain for the year, most of that gain is likely to happen in the next few months." However, Tom Lee also expressed worries about a potential seasonal market correction in September. Nevertheless, he still emphasized that "a dip presents a buying opportunity."
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