The post “Ethereum Price Could Surge Toward $62,000 in Long-Term Outlook.” Tom Lee Says appeared first on Coinpedia Fintech News
Ethereum has climbed back above $3,200 after falling below $2,700 in November, and this quick rebound has lifted overall market sentiment. The recent Fuska upgrade made the network faster and cheaper to use, boosting activity and encouraging larger holders to accumulate again.
Traders now view $3,000 as a solid support level, and the tone around ETH has become noticeably steadier. In a recent video analysis, Altcoin Daily highlighted Tom Lee’s bullish outlook for Ethereum and examined how realistic his predictions might be.
Tom Lee, a well-known Wall Street strategist, believes Ethereum has already completed its correction and is now setting up for a stronger long-term move.
His team at Fundstrat briefly paused their ETH accumulation when technical indicators turned cautious, but once those signals improved, they resumed buying. Lee views this renewed accumulation as evidence that Ethereum likely hit its cycle low.
Lee also stresses that the broader crypto market is still in a very early stage. He points out that only a few million Bitcoin wallets hold more than $10,000, compared with nearly a billion people worldwide who have that much saved for retirement. Most institutional investors still have no crypto exposure, even as Wall Street prepares to tokenize large portions of traditional assets.
Lee also suggests that Bitcoin may no longer follow its typical four-year cycle. He believes major changes in global economic conditions could break the market away from its old pattern.
Fundstrat is watching January closely to see whether Bitcoin reaches new highs earlier than expected. If this happens, Lee expects Ethereum to benefit even more in the next leg of the bull market. For now, Bitcoin is trading near $92,500 after recently hitting new highs.
If Ethereum can stay above $3,000 and break firmly above $3,200, a move toward $3,500 becomes more likely. This fits with Lee’s long-term outlook, which places even a conservative target for ETH near $7,000.
ETH Price Targets Based on BTC Ratio
More Conservative Scenario (Next 12–18 months)
If Bitcoin reaches $150,000:
Lee clarified that extreme targets like $62,000 are long-term scenarios, not 2026 predictions.
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Ethereum is holding above $3,200 after a quick rebound, showing stronger momentum as buyers return and network activity continues to improve.
The recent Fuscia upgrade made the Ethereum network faster and cheaper to use. This has boosted on-chain activity and helped improve market sentiment following the upgrade.
If momentum continues, ETH could reach $3,500 near-term, with long-term scenarios pointing to $7,000 or more depending on the Bitcoin ratio.
Yes, Ethereum often follows Bitcoin. If Bitcoin breaks into new highs early, ETH may see stronger gains as confidence and market liquidity rise.

Highlights: US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets. Do Kwon will face sentencing on December 11 and must give up $19 million in earnings. US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings. The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined. U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025 Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November. TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán (@zGuz) April 5, 2024 The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

