Tom Lee: ETH's low price reflects a lack of patience in the market, bullish on crypto over the next 24 to 36 months.

November 10: Tom Lee, Chairman of Ethereum treasury company Bitmine, posted that while the continued slump in ETH price is disappointing, it more likely reflects a lack of patience in the market.

He pointed out that the tokenization supercycle of 2026 is steadily advancing, with progress becoming increasingly evident, and the vast majority of tokenization activity is happening on Ethereum. Tom Lee also mentioned that Vitalik Buterin has confirmed that ETH has store-of-value properties, the crypto bull market has only just begun, and the AI narrative has not absorbed all new capital. Taking these factors together, he holds a bullish view on the crypto market over the next 24 to 36 months.