Tom Lee outlines the timeline for the conclusion of the crypto winter., 2026/02/16 14:35:41

The prolonged downturn in the cryptocurrency market is nearing its conclusion — the crypto winter has either already ended or will do so by April, stated Tom Lee, co-founder of Fundstrat Global Advisors and chairman of BitMine Immersion Technologies.

Lee supported his viewpoint by highlighting the currently prevailing negative sentiment among investors in the market, along with the weak price movements — these, according to the businessman, are classic indicators of the concluding phase of a bear cycle. 

Historically, crypto winters have concluded when investor pessimism reached its peak, noted the crypto entrepreneur. He recalled that, according to CoinMarketCap, the fear and greed index fell to a record low of 5 out of 100 at the beginning of February. Lee described the current situation as a “transitional phase rather than a structural collapse.” 

The market requires one final price drop before a stable bottom can be established, believes the co-founder of Fundstrat Global. He posits that for Bitcoin, this price point is $60,000, while for Ethereum, it is $2,400 or even $1,890. Furthermore, Ethereum “recently reached these levels to the cent,” which reinforces the notion of the market’s final capitulation phase, announced the head of BitMine. 

“When crypto spring arrives, we can expect a fantastic summer,” stated Lee, adding that after confirming the minimum, recovery could occur rapidly.

Tom Lee recently attributed the weakness in the crypto market to a shift of investors towards gold and silver due to rising prices of precious metals. Cryptocurrencies are still experiencing the repercussions of the decline that occurred in October. Previously, the businessman suggested that a market correction would take place in the first quarter, ranging from 15% to 20%, with recovery not expected until the end of the year.