Tom Lee: The negative correlation between ETH and oil prices has reached an all-time high.

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According to Foresight News , BitMine Chairman Tom Lee tweeted, "Ethereum is facing selling pressure due to rising oil prices, with ETH's negative correlation with oil prices reaching an all-time high. Ethereum's long-term core drivers remain tokenization and AI agents. These structural drivers are in place. Therefore, I expect ETH prices to become more resilient as 2026 progresses."

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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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