Tom Lee, Who Lost Billions of Dollars Buying Ethereum at the Peak, Breaks His Silence – Is He Regretting It? What’s Next?

Market strategist Tom Lee, in an interview with Farokh Sarmad, described the current downturn in the cryptocurrency market as a “mini winter.” According to Lee, this isn’t a long-term bear market, but rather a period the market needs to digest.

Lee urged investors not to wait for the “perfect bottom,” arguing that a gradual buying strategy is more rational during downturns. He stated that the current difficult period could last from a few months to six months, and that a truly strong recovery would likely not occur until later in 2026.

Lee stated that although he bought Ethereum at its peak levels, he does not regret his decision. He noted that Ethereum’s current price levels are quite close to its bottom, and while the price might briefly drop below the $1,800-$1,890 range, this may not be permanent.

Lee, recalling that historically there have been eight “V-shaped” sharp recoveries, stated that Ethereum forms the fundamental infrastructure for the stablecoin ecosystem, AI applications, and the content creator economy in the long term. According to Lee, ETH is “the foundation of the next 15-year story.”

Tom Lee also reiterated his price predictions for 2026. According to him, Bitcoin could rise to the $200,000–$250,000 range, while Ethereum is projected to fall between $12,000 and $22,000. He stated that these projections are based on historical growth rates and previous cycles.

*This is not investment advice.

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