Tom Lee, founder of Fundstrat and head of Ethereum’s largest company BitMine, has released a new statement regarding Ethereum ($ETH).
Tom Lee said he was very optimistic. $ETHanalyzed the causes of the price decline.
Tom Lee, posting from account X, said that Ethereum is under short-term selling pressure, especially due to rising oil prices.
Mr. Lee claims that the rise in oil prices over the past six weeks is the main reason for the oil price decline. $ETH price.
Mr. Lee $ETH And oil prices are at an all-time high. $ETH There is a possibility of recovery if oil prices fall.
However, Lee said that oil$ETH It is believed that the price relationship is a short-term fluctuation, and that Ethereum’s greater momentum will come from tokenization and AI agents.
Finally, Lee added that he expects these structural factors to further drive Ethereum price higher in 2026.
“If anyone is wondering why Ethereum is under selling pressure, here is my answer:
In my opinion, rising oil prices are the biggest obstacle. $ETH‘s inverse correlation with oil is at its highest level ever.
As oil prices have increased over the past six weeks, $ETH Prices fell.
“The price of $ETH And oil prices fluctuate inversely. Therefore, oil price reversal = oil price recovery $ETH price. ”
*This is not investment advice.
