PANews reported on February 1st that Tom Lee shared his 2026 market outlook during an appearance on the podcast "The Compound." Lee remains generally optimistic about cryptocurrencies, believing that despite short-term dips (such as precious metals drawing away speculative funds), the long-term bull market is still in its early stages.

Tom Lee also acknowledged that the current crypto market is in a bear market phase and is under significant short-term pressure. ETH may touch $2400 as a bottom (ETH briefly touched a low of $2200 today and is currently around $2400), and then rebound. If the ETH/BTC ratio returns to its all-time high, ETH could reach around $12,000.

The above view is consistent with his public views since the beginning of the year, in which he has repeatedly predicted that the market will fall first and then rise this year, and that Bitcoin will still reach a new all-time high.