Bitmine’s Tom Lee Insider Insight Predicts Ethereum Dip to $4,075 Before Rally to $5,100
Tom Lee, Chairman of Bitmine, has disclosed unique insights relating to Ethereum’s worth path, forecasting a short lived decline to the $4,075-$4,150 vary earlier than a subsequent rally towards new highs close to $5,100.
By way of an August 19 publish on X, Lee shared a confidential screenshot that includes correspondence from Mark Newton, Fundstrat International’s International Head of Technical Technique.
The e-mail contained Elliott Wave technical evaluation suggesting a constructive correction for Ethereum throughout this week, adopted by a possible transfer above $5,000.
This revelation emerges as Ethereum holders face uncertainty about whether or not ETH has reached its peak and should decline under $4,000, or if the present motion represents a wholesome pullback earlier than one other upward surge.
Institutional Accumulation Continues Regardless of Revenue-Taking
The uncertainty is mirrored in latest selling pressure from whales, ETFs, and retail buyers, which has pushed Ethereum’s worth down from an area peak of $4,793 to a low of $4,198, earlier than experiencing a modest restoration to $4,278 on the time of writing.
The promoting strain intensified on August 18 as Ethereum-focused exchange-traded funds transitioned from optimistic to unfavorable territory, experiencing outflows totaling $196.6 million, primarily based on SoSoValue data.
Regardless of latest worth weak point, present market statistics reveal that Ethereum exchange-traded funds nonetheless management roughly 6.5 million ETH in property below administration, representing roughly $27.5 billion at current costs.
Company Digital Asset Treasuries (DATs), together with firms like Bitmine and Sharplink Gaming, are equally constructing their Ethereum positions.

These entities collectively maintain an estimated 2.2% of ETH’s complete provide, price over $10.2 billion.
Bitmine’s Tom Lee is Bullish on Ethereum Rally to $5,100
Bitmine’s Tom Lee, who accurately predicted Ethereum’s $4,000 degree when it was buying and selling under $3,000, is now reinforcing his conviction that Ethereum’s rally is way from full.
Throughout a latest Bankless interview, Lee highlighted the ETH/BTC ratio of 0.05, which marked the earlier cycle’s peak in 2021 and presently interprets to roughly $6,000 at at the moment’s Bitcoin valuation.
He emphasised that with extra company treasuries getting into the market and adoption rising, Ethereum maintains vital progress potential.
In his evaluation, “by year-end, it’s not unreasonable to think about $7,000—even $12,000 to $15,000” as doable targets.
Lee additionally referenced the continuing Ethereum provide shock, noting that ETH holdings on centralized exchanges have reached their lowest degree in 9 years.
Traditionally, when ETH balances reached comparable lows, the value surged from $30 to $1,500.
He anticipates a considerable rally for ETH, drawing comparisons to Wall Avenue’s increase interval following 1971 when the USD departed from the gold customary.
The Fundstrat CIO believes Ethereum is positioned to capitalize on the White Home’s GENIUS Stablecoin Act and the SEC’s crypto initiatives, doubtlessly changing into one of the vital vital macro trades over the following 10-15 years.
Technical analyst and Bitward Make investments Co-founder Dariusz Kowalczyk aligns with Tom Lee’s perspective however emphasizes that the present week is essential for ETH’s worth trajectory and the broader crypto market.
In his short-term evaluation, he notes that if Ethereum can recapture the $4,550–$4,571 zone, a brand new all-time excessive could possibly be imminent. At present, assist ranges are recognized at $4,240–$4,190.
Nonetheless, the broader context contains key occasions anticipated to unfold this week that would affect each crypto and macro markets.
These started with Monday’s Trump-Zelensky meeting in Washington, adopted by Tuesday’s FOMC Minutes launch, Thursday’s U.S. Preliminary Jobless Claims knowledge, and Fed Chair Jerome Powell’s anticipated speech on Friday.
These developments are anticipated to generate vital market volatility.
Technical Chart Evaluation Helps ETH rally to $5,100
From a technical perspective, the ETHUSD 30-minute chart shows a accomplished corrective construction inside a falling wedge sample, the place worth motion shaped a W–X–Y corrective sequence, with the ultimate motion concluding round 4,120–4,130.
The rejection from this space and subsequent upward motion counsel the correction has concluded and a brand new impulsive wave is growing.

Fibonacci extension ranges between 4,760 and 5,120 point out possible targets for the following bullish section, with wave (iii) projected to advance larger from present ranges.
Within the close to time period, supplied worth maintains assist above the 4,120–4,160 area, momentum favors continued upside motion, with preliminary resistance at roughly 4,460, adopted by 4,760.
Ought to worth clear these ranges, the trail towards 4,900 and 5,120 turns into more and more probably, confirming energy within the broader bullish pattern.
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