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Tom Lee: "The Crypto Bull Market Just Started”, How ETH Hits $50,000

Altcoin Daily, guest Tom Lee · · 28:10 · Watch on YouTube

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ETH near publication: $2,2364-hour candle close · 7 Nov 2026, 20:00 UTC · ETH/USDT

On Ethereum

Guest Tom Lee · not counted as Altcoin Daily's view.

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  • This cycle (next 6–18 months): Expects up: because crypto winter basically ended, which was about a year, and now we're in a new bull cycle. I think crypto is going to still rise in the face of bad news ▶ 12:45

Levels named

  • 50k: Target (Past ETH bull cycles gained 15 to 51 times the starting price): So, if we're at 25 2300 currently for Ethereum, you know, this this would be moves towards 50,000 for ETH. ▶ 17:22

Their own position: Holding. we currently own 6.06 million Ethereum ETH tokens. 5% of the supply currently would be 6.1 million ETH.

Dates named

  • US midterm elections, undated: the third reason that I think tech and AI and crypto trade well after uh midterms is it's just seasonal.