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Tom Lee F*cked Up Bad… Or Did He?

Lark Davis · · Watch on YouTube

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ETH near publication: $1,7324-hour candle close · 21 Jun 2026, 08:00 UTC · ETH/USDT

On Ethereum

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  • This cycle (next 6–18 months): Leans up: Then in a few years time, people are going to look back on these ETH valuations ▶ 11:36 Said again while their call of 11 Oct 2025 was open, so it counts once; that call was wrong: 3.83k when said, 2.51k on 11 Oct 2026 (−34.6%).

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  • 10k: Target (People will look back and want to buy ETH at 10K after seeing how cheap it was): Oh, everyone's gonna be lining up to buy 10K ETH, but no one wants to buy it under 2K, do they? ▶ 11:44
  • 6.9k: Target (Security-coverage framework: $250B secured value divided by the ~30% staking ratio gives a fair value for ETH): run that on today is $250 billion in secured value and then the fair value for ETH it's about $6,900. ▶ 07:02

Their own position: Bought. Full disclosure, I bought some more ETH last week.