According to industry sources, BitMine's new chairman Tom Lee is optimistic about the future price movement of Ethereum (ETH). Lee believes that the current market valuation of ETH is too low, and its actual value is much higher than the current trading price.

In a recent interview, Lee pointed out that Ethereum is gradually becoming the favored blockchain platform for institutional investors. He predicts that the ETH price will break the $4000 barrier in the short term and may reach a range of $10,000 to $15,000 by the end of the year.

This viewpoint is more optimistic than some financial institutions' forecasts. According to reports, a certain international large bank has raised its year-end price expectation for ETH to $7,500 and expects it to possibly reach $25,000 by 2028. However, Lee stated that this prediction may still be somewhat conservative.

As institutional investors' interest in the cryptocurrency market continues to grow, Ethereum, as the leader of smart contract platforms, is receiving increasing attention for its value. However, investors should remain aware that the cryptocurrency market is highly volatile, and price predictions carry uncertainty.