Tom Lee: Ethereum is starting a supercycle similar to Bitcoin's.

Tom Lee, in a post on the X platform, stated that Bitcoin is a highly volatile asset. His company first recommended Bitcoin to clients in 2017 (when it was priced at around $1,000). Over the past 8.5 years, Bitcoin has experienced six drops exceeding 50% and three drops exceeding 75%. He projects that by 2025, Bitcoin's price will reach 100 times its initial recommended price. Lee stated that to profit from such a 100x supercycle, one must be able to withstand existential crises and hold on. He pointed out that cryptocurrency prices reflect their enormous future potential, therefore doubts exacerbate price volatility. Currently, he believes Ethereum is embarking on a similar supercycle. He cautioned that the path to higher levels is not straight and advised holding on.