Fundstrat says $1.7K may be a short-term bottom for Ethereum as U.S. selling pressure eases, but buying demand hasn't yet strengthened enough to confirm a sustained recovery.
On Nov. 16 Tom Lee said on X that Ether may be starting a ‘supercycle’ similar to Bitcoin’s post-2017 rally; critics argue the comparison overlooks key structural and regulatory differences. The comment adds bullish momentum to ETH sentiment but draws skepticism from some market observers.