Tom Lee says Ethereum can go up 10x, and Mike Butler points out almost nobody read the condition he put on it. The 10x does not start from today's price, it starts at 5,000. With Ethereum around 2,700, just getting to 5,000 is an 84% move, and 5,000 sits above Ethereum's all-time high, so the starting line for the big call is higher than the record itself. That little word if is doing all the work.
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Chapters
00:00 Tom Lee's 10x Ethereum call
00:21 The 10x starts at 5,000, not now
00:28 An 84% move just to the starting line
00:46 He chairs the biggest ETH treasury
00:57 Early, or talking his book
01:10 Running the options probabilities
02:16 Year-end, almost a non-event
03:10 Out to 2027, the odds climb
03:47 2028 and the one-standard-deviation lev...