Tom Lee Just Backed a $250,000 Ethereum Price Target: Is It Actually Possible?

Ethereum price is trading near $2,314, down roughly 1% in 24 hours, and yet one of Wall Street’s most-watched crypto bulls just endorsed a price target that would require a 100x move from here. Fundstrat Global Advisors co-founder Tom Lee has thrown his weight behind a $250,000 ETH price target, and the thesis is more structured than it sounds. Whether the market timeline matches the model is a separate questio…