Tom Lee: ETH is only 3.5% away from breaking through the resistance of the daily moving average cloud layer
2026-08-17 23:12:51
According to CoinMeta, Bitmine Chairman Tom Lee stated that the current price of ETH is only 3.5% away from breaking through the resistance level of the daily chart's cloud layer, at around $1906. He reiterated his optimistic outlook for the long-term trend of ETH and believes that the narrative around ETH, the growth of stablecoins, and the tokenization of assets will drive the ETH / BTC ratio to strengthen in the second half of 2026.
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Source:Internet
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