An interesting observation from Tom Lee — he was betting on the growth of the cryptocurrency sector back in early March, despite the excitement around geopolitical news. Thomas Lee then predicted that March would bring an upward trend for stocks and crypto, led by BTC and ETH.

What’s notable is that he didn’t just talk about growth, but also pointed to specific sectors: MAG7 in stocks, the software sector through IGV, and cryptocurrencies, especially Bitcoin and Ethereum. Tom Lee, as the head of BitMine, even confirmed that the company continues to regularly purchase ETH weekly.

Now, a month after his forecast, it’s clear how the situation is developing. Bitcoin remains around 77.55K with a 1.83% increase over the day, and Ethereum shows 2.33K with a 2.47% rise. Thomas Lee was right about the direction — the market is indeed demonstrating upward potential.

The fact that Tom Lee and his team remain committed to the strategy of regular ETH accumulation indicates confidence in the long-term prospects of the second-largest cryptocurrency by market cap. Such actions by major players usually signal that professionals see potential that the market may not fully recognize yet.