Tom Lee: ETH nearing bottom, poised for 'V-shaped' recovery

Tom Lee, Chairman of Bitmine (BMNR), has predicted that Ethereum will experience a V-shaped recovery. According to Cointelegraph, he stated at the Consensus Hong Kong 2026 conference that ETH is approaching its bottom and that now is the time to seek opportunities rather than sell. Lee emphasized that since 2018, ETH has suffered eight declines of over 50%, but it has rebounded at the same pace each time.