Tom Lee predicts that the crypto winter will end in April.

MarsBitNews · 2026-03-29T10:15:10+00:00

Mars Finance reports that Bitmine Chairman Tom Lee believes the "crypto winter" is coming to an end, and the current market may have already bottomed out. He mentioned that Ethereum's price movement is correlated with the S&P 500 index, and long-term holders are still holding their positions. Exchange balances are decreasing, indicating that the market may be in the accumulation phase. Additionally, Bitmine has recently increased its holdings by over 65,000 ETH.

MarsBitNews

2026-03-29 10:15:10

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According to Mars Finance, Tom Lee, the chairman of Bitmine, stated in an interview that the current “crypto winter” is coming to an end. He believes that this downturn may have bottomed out or will end before April 2026. He pointed out that the recent price movements of Ethereum have a strong correlation with the past declines of the S&P 500 index, including the 1987 stock market crash and the 2011 debt ceiling crisis. Currently, long-term holders are continuing to maintain their positions, while the balances on exchanges are decreasing. These signals typically align with the accumulation phase near market bottoms. Previously, it was reported that BitMine increased its holdings by more than 65,000 ETH in late March, bringing its total holdings to over 4.6 million.

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