Recently, I noticed that the latest analysis from the well-known Wall Street encryption analyst Tom Lee has sparked quite a bit of follow in the community—he bluntly stated that the target price for ETH in the next two years is set at $7000. As soon as this prediction came out, some people immediately questioned it, while others followed suit to be bullish. As someone who has been in this circle for many years, I feel it's necessary to thoroughly sort out the logic behind this viewpoint, rather than just following the trend.

Let's talk about Tom Lee himself. This analyst, who comes from top institutions on Wall Street, has indeed made accurate judgments at key points in the encryption market over the past few years. He has predicted several key bottoms for Bitcoin, and although he has had his missteps, his predictions are definitely more worthy of reference compared to those "influencers" who purely seek attention. So when he puts forward this target price for ETH, it might be a good idea to calm down and analyze the logic supporting this viewpoint.

The core points are broken down into three aspects:

Firstly, what does the figure of 7000 USD itself mean? Based on the current ETH price, this represents at least a doubling. Some might say that doubling in the encryption market is common, but let’s not forget that ETH is already a mainstream currency with a trillion-dollar market cap, not one of those small coins that can skyrocket just by pumping. If such a level of increase actually occurs, it reflects not only the value recognition of ETH itself but also signifies that the entire market will face significant changes in funding—simply put, it means a continuous inflow of large amounts of new capital.

Secondly, the timeline is relatively specific: before the first quarter of 2026. This time frame is not set arbitrarily; analysts usually determine such time points based on market cycles, policy expectations, or technical aspects. From now until Q1 2026, the market's response time and realization space are relatively clear, which also makes the predictions more meaningful as a reference.

Thirdly, the market fundamentals that support this viewpoint. As the leading smart contract platform, ETH's ecosystem development, application scenario expansion, and the maturity of the entire Web3 sector will directly influence its long-term value. From the progress of technical upgrades to the flow of institutional funds, these are all factors that Tom Lee will consider in his analysis.