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Tom Lee Predicts ETH Above $5,000 by Year-End, $25K-$50K This Cycle

Fundstrat’s Tom Lee said Ethereum could reach $25,000 to $50,000 in the current bull cycle, with ETH breaking $5,000 before the end of this year. He said ETH could rise to about $7,500 if bitcoin tops $100,000, arguing years of range-bound trading have built momentum for a larger breakout. Traders currently price only a 4% chance of ETH hitting $5,000 by end-2026.

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AI take

Lee's targets are striking mainly because they sit so far from where traders are pricing the odds, with prediction markets assigning only a 4% chance to ETH reaching $5,000 by end-2026. That gap is the real story: it frames the debate as one between a structural breakout thesis built on years of range-bound trading and a market that is not yet positioned for it. The open question is whether that divergence narrows through price or through expectations, and whether bitcoin's move above $100,000, which Lee ties to a higher ETH path, actually materializes.

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