ETH "Advocate King" Tom Lee recent performance overview: Three times he spoke and followed through, predicting a year-end target price of $10,000.

On August 28, Tom Lee was appointed as the new chairman of the board of BitMine, the first treasury company for Ethereum, and has recently been frequently advocating for ETH. In August, he successfully predicted three times: during the market pullback on August 19, Tom Lee stated that a pullback to the range of $4075 to $4150 was healthy, after which the market experienced a rebound; on August 20, before Fed Chairman Powell delivered a dovish speech, Tom Lee predicted that the market would rise due to the speech, and subsequently Ethereum briefly broke through $4900; on August 26, as the market pulled back again, Tom Lee predicted that ETH would bottom out in the next few hours, which turned out to be correct, leading to a rebound for ETH. In an interview on August 27, Tom Lee made his latest prediction, stating that ETH would rise to $5500 within a few weeks, with a year-end target price of $10,000 to $12,000, and reach $60,000 in five years.