Tom Lee Calls Crypto Bottom; BitMine Backs $62K ETH Forecast with $130M Buy

• The Call: Fundstrat’s Tom Lee declares the crypto correction over, forecasting a resumption of the bull run with Bitcoin targeting $250,000.
• The Trade: Lee’s firm, BitMine Immersion, purchased 41,946 ETH ($130M), cementing its status as the world’s largest Ethereum treasury.
• The Logic: Lee argues “aggressive deleveraging” has washed out sellers, positioning ETH for a re-rating to $62k as the “future of finance.”

Tom Lee, the Wall Street strategist turned crypto bull, issued a definitive “all-clear” signal for digital assets this week, asserting that the bruising market correction has found its floor. 

Speaking at Binance Blockchain Week in Dubai, shared by Binance, Lee explained why he believes crypto has already passed its most painful stretch. According to him, the market pullback that began in October created exaggerated pessimism, with many investors preparing …

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