Tom Lee's fund analyst: Ethereum will bottom out around 4300 points and then break through 5100 points

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On August 26, according to a screenshot of Tom Lee's tweet, analyst Mark Newton, who accurately predicted last week that Ethereum would reach a short-term bottom at $4,070, stated that Ethereum has a good risk-reward ratio at this price. Unless the bull trend is broken, Ethereum will not fall below $4,067 again.

Ideally, Ethereum will bottom out around 4300 points and then begin to rebound, setting new highs again and breaking through 5100 points and climbing towards around 5400-5450 points, which could be of great significance.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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