Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Tom Lee: Bitcoin has surged 100 times, and Ethereum is about to enter the same super cycle

Tom Lee: Bitcoin has surged 100 times, and Ethereum is about to enter the same super cycle

金色财经金色财经2025/11/16 16:07
Show original

Jinse Finance reported that Tom Lee, Chairman of BitMine, stated on social media that bitcoin is a volatile asset. His company first recommended bitcoin to clients in 2017 (with an allocation ratio of 1%-2%), when the BTC price was around $1,000. Over the past 8.5 years, BTC has experienced six declines of more than 50% and three declines of more than 75%. As of 2025, bitcoin has increased 100 times compared to when it was first recommended. Tom Lee pointed out that to benefit from this 100x supercycle, investors must persist in holding at critical moments. He explained that cryptocurrency prices reflect enormous expectations for the future, so skepticism brings volatility. Tom Lee believes that ETH is currently entering the same supercycle, but emphasizes that the upward path is not a straight line.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response

Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.

华尔街见闻•2026/09/26 02:06

The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly

After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.

智通财经•2026/09/26 00:06

US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations

Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.

智通财经•2026/09/26 00:01