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Tom Lee Declares That Ethereum Has Bottomed Out Tom Lee, co-founder of renowned Fundstrat Global Advisors and a cryptocurrency analyst, has stated that Ethereum's ($ETH) prolonged bear market has ende

Tom Lee Declares That Ethereum Has Bottomed Out

Tom Lee, co-founder of renowned Fundstrat Global Advisors and a cryptocurrency analyst, has stated that Ethereum's ($ETH) prolonged bear market has ended and that the bottom is now behind it.

In an analysis shared with the Bitmine (BMNR) team, Ethereum's price chart was compared to the recovery periods following the major crashes in the S&P 500 in 1987 and 2011, using Tom DeMark indicators. According to the analysis, the current price structure shows a 93% correlation with these two historical low cycles.

According to the analyst, Ethereum's realized price is at $2,241, and $ETH is currently trading approximately 22% below its average cost. Tom Lee argued that these levels have created strong buying opportunities in past cycles and represent a critical threshold where the trend reverses.

Ethereum's price movement has been compared to two iconic S&P 500 recovery periods following crashes. These include a 93% correlation with the S&P 500 recovery after Black Monday in 1987 and an 89% correlation with the bottom formation after the 2011 US Debt Ceiling Crisis. Tom Lee argues that the bottom for $ETH is behind us.

Tom Lee Declares That Ethereum Has Bottomed Out T

Join HTX Square to Define Web4

U.S. senators have reached an agreement with the White House to resolve the crypto stablecoin yield dispute with banks. Key senators say they have clinched a tentative agreement with the White House o

US Senators, White House to Resolve Stablecoin Yield Dispute

HTX DAO Staking Launch

HTX Community Spring Creation ContestGuess BTC’s rise or fall to win 540 millionClaim1,200 USDT in the Monthly Creation ChallengeBitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market

Guess BTC’s rise or fall to win 540 million

Claim1,200 USDT in the Monthly Creation Challenge

Bitcoin Falls as Energy Prices Rise: Why Crypto Is Now an Energy Market Story

Bitcoin’s recent drop below $70,000 reflects more than short-term market pressure. It signals a deeper shift. The world’s largest cryptocurrency is becoming increasingly tied to global energy markets.

For years, Bitcoin has moved mainly on investor sentiment, adoption trends, and regulation. Today, another force is shaping its direction: the cost of energy.

As oil prices rise and electricity markets tighten, Bitcoin is starting to behave less like a tech asset and more like an energy-dependent system. This shift is changing how investors, analysts, and policymakers understand crypto.

Bitcoin depends on mining, a process that uses powerful computers to verify transactions. These machines run continuously and consume large amounts of electricity.

Data from the U.S. Energy Information Administration shows Bitcoin mining used between 67 and 240 terawatt-hours (TWh) of electricity in 2023, with a midpoint estimate of about 120 TWh.
Other estimates place consumption closer to 170 TWh per year in 2025. This accounts for roughly 0.5% of global electricity demand. Recently, as of February 2026, estimates see Bitcoin’s energy use reaching over 200 TWh per year.

That level of energy use is significant. Global electricity demand reached about 27,400 TWh in 2023. Bitcoin’s share may seem small, but it is comparable to the power use of mid-sized countries.

The network also requires steady power. Estimates suggest it draws around 10 gigawatts continuously, similar to several large power plants operating at full capacity. This constant demand makes energy costs central to Bitcoin’s economics.



 




Bitcoin Falls as Energy Prices Rise: Why Crypto Is

WAR: Geopolitical Meme Coin on Solana

Could Enjin Coin's latest price action signal a larger trend? The cryptocurrency has seen a remarkable surge, with its price rising 22.96% in just 30 minutes, reaching $0.02737. This sudden spike come

Could Enjin Coin's latest price action signal a larger trend? The cryptocurrency has seen a remarkable surge, with its price rising 22.96% in just 30 minutes, reaching $0.02737. This sudden spike comes amid increased trading activity, capturing the attention of market participants eager to understand the underlying motivations behind this rapid movement. Market Snapshot Currently, Enjin Coin is trading at $0.02737 after experiencing a dramatic 24-hour change of +43.30%. The token has seen a daily trading volume of $9,211,313.09, indicating a significant uptick in market engagement. Over the last 24 hours, ENJ reached a high of $0.02737 and a low of $0.02085, while its market capitalization stands at $50,959,014, reflecting its growing prominence in the cryptocurrency space. What Could Be Behind This Move Trading Activity The substantial price increase of Enjin Coin can be attributed to heightened trading activity. Market observers note that the recent surge coincides with a broader trend in the crypto market, where many altcoins are experiencing increased interest as traders rotate their investments. The volume surge indicates that traders are positioning themselves ahead of potential price movements, which is often seen during such volatility. Market Dynamics Additionally, on-chain data indicates a shift in market sentiment, with more participants looking to capitalize on lower price levels. Analysts suggest that the current bullish momentum in the derivatives market, characterized by rising open interest and favorable funding rates, may have played a significant role in driving prices higher. The overall mixed signals from the broader cryptocurrency market could be influencing traders

Could Enjin Coin's latest price action signal a la

Pixels: Farming Metaverse on Ronin

Panel 5 of the Bitcoin Track at DAS, NYC👇 Bitcoin is collateral. Credit markets are opening up. The infrastructure is being built in real time. Who's lending, who's borrowing, and who's building the r

KyberSwap is currently running a promotion with SafePal, offering 4,000 FREE SafePal X1 Hardware Wallets (total value $280,000) in a Trade & Earn campaign. Week 1 (March 16–23) has 667 wallets availab

An interesting paradox today: Gold dropped 2.15% to $4,715 despite escalating Middle East tensions. The culprit? Fed's hawkish hold. DXY hit 10-month high, weaponizing the dollar against safe-haven as

Market Insight: Animoca Brands Invests in AVAX A major development in the Web3 ecosystem! Animoca Brands continues to strengthen its footprint by investing in Avalanche (AVAX) — signaling growing conf

Market Insight: Animoca Brands Invests in AVAX

A major development in the Web3 ecosystem!

Animoca Brands continues to strengthen its footprint by investing in Avalanche (AVAX) — signaling growing confidence in scalable blockchain infrastructure.

🔹 AVAX is known for high-speed transactions and low fees

🔹 Strong ecosystem growth in DeFi, NFTs, and gaming

🔹 Animoca Brands’ backing reinforces long-term Web3 adoption

🔸 Boosts investor sentiment around AVAX

🔸 Accelerates blockchain gaming & metaverse expansion

🔸 Encourages institutional participation in decentralized ecosystems

👉 Convergence of gaming, finance, and digital ownership

👉 Increasing role of venture capital in shaping Web3 future

🔹 Regulatory uncertainties still exist

🔹 Long-term success depends on real-world adoption

Market Insight: Animoca Brands Invests in AVAX A

SEI and ENA are making waves as they follow similar trading patterns. Investors are on edge, keenly observing for any signs of momentum change. The focus is intense, as both digital assets appear pois

SEI and ENA are making waves as they follow similar trading patterns. Investors are on edge, keenly observing for any signs of momentum change. The focus is intense, as both digital assets appear poised for potential growth. Dive in to understand which of these coins might be gearing up for a significant move. Exciting Times Ahead for SEI: Revolutionizing Finance with New Tech Source: tradingview SEI is catching the eye of many crypto enthusiasts. It promises to change the game in decentralized finance. This coin uses advanced technology to make transactions faster and more efficient. As we look to the past, we see patterns of growth after market drops. With its unique features, SEI has the potential to stand out in the next big altcoin season. Investors are always on the lookout for coins with promise, and SEI seems to have what it takes. As the market starts to pick up again, SEI could be an attractive option to watch in the current cycle. Emerging Altcoin ENA: Poised for a Breakthrough in Bull Market Source: tradingview ENA is a new cryptocurrency catching the eyes of investors. It's designed to be fast and efficient, targeting real-world use cases like digital transactions and smart contracts. ENA stands out because of its innovative technology that promises to solve some of the problems older coins face, like slow transaction speeds and high fees. With a community that's rapidly growing and developers constantly upgrading its system, ENA has potential. In this current market cycle, as we mirror patterns similar to the bullish trends of 2021, ENA could be a promising choice for those looking to explore alts. Its recent performance and development make it an appealing option as the market gears up for a rebound. Conclusion Traders are keeping a close eye on SEI and ENA as both are showing similar

SEI and ENA are making waves as they follow simila

FIVE RSI BITCOIN SIGNALS. FIVE CORRECT CALLS. SIXTH FORMING NOW. Bearish RSI divergence trendline on Bitcoin daily. Every single touch preceded a price drop. The question mark is right there on the ch

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