Tom Lee Thinks You're Still Scared — And That’s Bullish AF

The most hated rally in history? Probably. But that’s exactly why Bitcoin and Ethereum may just be getting started.

🧠 Quick Hits

• 💸 BMNR holds 625,000 ETH (>2.8B) — targeting 5% of total supply
• 🔁 1B share buyback confirms long-term ETH bet
• ⚖️ ETH’s perfect uptime = institutional magnet
• 📉 BTC at 113K, still “mid-cycle” says Lee
• 🧠 Skepticism = delayed profit-taking = longer rally
• 🏛️ Fed rate cuts could trigger next BTC surge

😮 “The Most Hated V-Shaped Rally in History”

Tom Lee isn’t just bullish — he’s calling out the crowd for missing the plot.

After Trump’s tariff talk in June, markets dipped hard. Panic headlines followed. And then? 📈 A sharp V-shaped recovery that no one trusted.

“Every rally since 2020 has been doubted. That’s what makes this one powerful.” — Tom Lee

For Lee, this isn’t a top — it’s just the middle. Caution is keeping people sidelined, which slows selling and extends the bull run.

🦾 Ethereum’s Institutional Swagger

Lee says Ethereum is quietly becoming the backbone of TradFi’s crypto pivot — and for one key reason: 🚫 Zero downtime. Ever.

“Ethereum has never experienced downtime. This is important for banks.”

His firm BMNR is living proof of this conviction:

• ✅ 625,000 ETH on the books
• 💰 2.8B+ valuation
• ⚖️ Minimal debt
• 🔄 1B buyback underway
• 🎯 Target = 5% of ETH’s total supply

ETH’s regulatory clarity + uptime = big money comfort zone.

₿ Bitcoin: Nowhere Near the Peak

BTC is trading at 113,562, but Lee sees plenty of fuel left in the tank.

Two macro factors matter most:

1. 📉 Rate cuts incoming? A dovish Fed = more liquidity
2. ⛏️ We’re mid-cycle. Not late, not frothy. Just cruising.

“We are not at the market peak; we are still mid-cycle.”

Translation: No top in sight. More upside coming — especially as institutions keep piling in.

📈 Price Targets & Market Outlook

• 🟣 Ethereum: 15,000
  • Driven by fundamentals, uptime, and steady accumulation
• 🟠 Bitcoin: More upside likely
  • Macro + mid-cycle = perfect setup

Retail might be nervous, but institutions aren’t blinking. The underappreciated part? Slow, steady, strategic buying. No hype. Just accumulation.

TL;DR

Tom Lee says crypto’s in the sweet spot: mid-cycle, underhyped, and institutional money is flowing in quietly but aggressively. Ethereum is winning with uptime and clarity, and BMNR’s 1B buyback confirms it. Bitcoin? Far from over. With possible Fed rate cuts ahead, the market setup could be perfect — just not for the faint-hearted.