Ethereum to $60K? It's a 'generational play' for ETH bull Tom Lee, says analyst

Ethereum is retesting a long-term support level that historically preceded a 5,200% rally, with analyst Tom Lee calling a potential $60,000 price target by 2030 a "generational play." BitMine, chaired by Lee, has accumulated over 5 million ETH worth $235 million, representing 4% of Ethereum's supply. However, a breakdown below key support near $1,834 could trigger deeper declines toward $1,000.
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