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Tom Lee Predicts Crypto Winter to End in April
On March 29th, Tom Lee, Chairman of Bitmine, stated in an interview that the current “crypto winter” is nearing its end. He believes that the current downturn may have already hit bottom or will conclude by April 2026. Lee pointed out a strong correlation between recent Ethereum price movements and past downturns in 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 exchange balances are decreasing. These signals typically align with the accumulation phase near a market bottom.