Tom Lee Sees Bitcoin at $60,000 Support, Ethereum at $1,890, Winter End by April
Tom Lee said the cryptocurrency downturn is nearing its end with Bitcoin likely to find support at $60,000 and Ethereum at $1,890. He added that the market could complete its bottoming process by April, suggesting the crypto winter may already be over or close to ending.
1. Support Level Forecasts
Tom Lee cited advisor Tom DeMark’s timing analysis indicating Bitcoin could find firm support at $60,000 and Ethereum at approximately $1,890, noting that one more undercut of these levels may confirm the market lows.
2. Predicted Timeline for Crypto Winter
Lee projected that the prolonged downturn could conclude as early as April, stating that markets may already be at or near the cycle bottom and that the worst of the decline might soon be behind investors.
3. Recent Price Performance
Bitcoin has retraced roughly 45% from its October all-time high, reflecting a deep sell-off that has marked much of the current bearish phase, while Ethereum experienced a sharper relative decline before recent stabilization.
4. Fundstrat Forecast Discrepancies
Fundstrat analysts have issued conflicting outlooks, with Lee suggesting potential new highs by early 2026 versus Sean Farrell’s view of a 2026 retracement to a $60,000–$65,000 range, highlighting internal debate over the next market cycle.