Fundstrat’s Tom Lee drew a assemblage astatine Korea Blockchain Week 2025 with a bold call: Bitcoin could scope arsenic precocious arsenic $250,000 by year-end, and Ethereum could ascent toward $12,000.
According to reports, Lee gave a scope for Bitcoin of $200,000 to $250,000 and said Ethereum mightiness deed $10,000 to $12,000, with upside to $12,000 to $15,000 nether favorable conditions.
His lawsuit rested connected macro tailwinds and increasing organization involvement successful crypto assets.
Market Drivers And Timeline
Reports person disclosed Lee’s timing is tied to a premix of factors. He pointed to a imaginable displacement successful US monetary argumentation from a hawkish stance to 1 that is little aggressive, which helium thinks would beryllium affirmative for hazard assets.
BitMine Chairman and Fundstrat co-founder Tom Lee said Ethereum is simply a “truly neutral chain” poised to beryllium Wall Street and the White House’s apical choice, predicting a 10–15 twelvemonth “super cycle.” He expects Bitcoin to scope $200K–$250K and Ethereum $10K–$12K by year-end, with ETH…
— Wu Blockchain (@WuBlockchain) September 24, 2025
He besides mentioned that 4th quarters person traditionally had precocious show for Bitcoin. Lee explained Ethereum arsenic embarking connected a “super cycle” of 10 to 15 years based connected its relation successful tokenized systems and imaginable involvement from institutions and developers.
Lee’s View On Ethereum
Ethereum’s semipermanent attractiveness, Lee said, extends beyond the short-term volatility of terms movements. He contended the network’s neutrality and wide developer basal presumption it good for aboriginal usage successful AI, finance, and tokenized real-world assets.
That statement underpins his higher terms script for ETH, wherever dependable flows and adoption could propulsion the token toward the precocious extremity of his range.
Skeptics Point To Fees And Competition
Not everyone agrees with that outlook. Some manufacture figures person pushed back. For instance, critics accidental Ethereum has not seen interest maturation that would lucifer the standard Lee predicts, and that immoderate organization enactment is migrating to alternate chains and layer-2 solutions.
Those voices pass that competition, scaling challenges, and shifts successful developer enactment could bounds upside for ETH successful the adjacent term.
Macro Risks And What Could Break The Call
Lee’s predictions presume markets enactment friendly. A abrupt instrumentality to tighter US policy, an unexpected economical shock, oregon harsh regulatory moves could derail a accelerated determination to $200,000 oregon higher.
Liquidity matters here. For prices to deed Lee’s apical targets by year-end, request would request to beryllium wide and sustained crossed spot markets, exchanges, and organization channels.
What To Watch Next
According to marketplace coverage, a fewer wide signals to track: cardinal slope guidance from the US Federal Reserve, trading flows into spot Bitcoin products, ample on-chain movements, and organization custody announcements.
Each of these could either enactment accelerated gains oregon chill capitalist appetite quickly, analysts say.
Featured representation from BCB Group, illustration from TradingView

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