MICA Daily｜Tom Lee predicts January's new high for BTC, ETH breaks 7,000, what about now?

Most bullish ETH Tom Lee predicted in a media interview last November that BTC would reach a new high in January 2026, and his largest holding ETH would break through $7,000 – $9,000 in January. However, just as January ended, BTC on the last day of January fell below the important $80,000 mark, and even briefly dropped below $75,000, while ETH performed even worse, not only losing the $3,000 support but also falling below $2,300. The market was bleak, and he no longer made predictions. The only remaining forecasts are that by the end of 2026, BTC will reach at least $200,000, and ETH will rise to $12,000.
Tom Lee’s basis is derived from past cryptocurrency market cycles. Indeed, according to Bitcoin’s four-year cycle, a new wave of bullishness should have arrived at the beginning of this year. However, many analysts already suggested last year that Bitcoin’s “four-year cycle theory” might have become invalid. Judging from the current situation, it is almost certain that cryptocurrencies will find it difficult to see such a rally in the short term, including the ETH super cycle expected from tokenized economy adoption, which seems to be delayed as the US CLARITY Act faces resistance.