cryptoEthereum Has A Big Problem (Tom Lee In Shambles)
Lark Davis · · 09:54 · Watch on YouTube
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ETH near publication: $2,4954-hour candle close · 21 Oct 2026, 20:00 UTC · ETH/USDT
On Ethereum
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- Next months (next 2–6 months): Leans up (timeframe is our reading):
we're probably two to three months away from a bullish crossover on the monthly MAC D, which is a big damn deal.
▶ 08:30 Said again while their call of 19 Oct 2026 was open, so it counts once; that call was open until 16 Feb 2027, against 2.42k when said.
If this, then that
- If If Bitcoin goes to about $300,000 this cycle and ETH outperforms it, then 10–12k (this cycle, by this cycle):
So, in that scenario, what are we looking at? You know what? ETH to 10 or 12K.
▶ 02:05 - If If ETH meaningfully becomes the rails of global finance, then 20–50k (this cycle):
It's worth more than $10,000. And Tom Le's right. Maybe it's worth 20 or 30 or 40 or $50,000.
▶ 04:40
Levels named
- 10–12k: Target (ETH gains of 300-400% if Bitcoin reaches about $300k this cycle):
So, in that scenario, what are we looking at? You know what? ETH to 10 or 12K.
▶ 02:05
Their own position: Holding. I've been thinking about Ethereum. I'm looking at my Ethereum bag and saying
Dates named
- Bitmine reaches its 5% ETH supply target and stops buying, undated:
They have about 70,000 approximately Ethereum still to go until they hit the 5% target.