Tom Lee, the co-founder, Managing Partner, and Head of Research at Fundstrat Global Advisors, has predicted a market-wide revival, which he says will take place this March.
“I think March is going to be a turnaround month for the better.”
In an interview with CNBC’s Squawk Box, Lee identified 2026 as a bullish year, with tech companies and cryptocurrencies showing the best gains.
In the interview, Lee forecasted a year-end target of 7,700 for the S&P 500 Index, which closed at $6,881 on Monday.
As for crypto, Lee dismissed the recent market volatility as more of a “squall” than a structural failure. He further reiterated a $200,000-$250,000 (roughly +165%) target for Bitcoin in 2026, adding that the flagship cryptocurrency would retire its historic four-year cycle in favor of a more mature momentum. This comment is similar to that made by digital asset management company Grayscale Investments, in its report dubbed the “Dawn of the Institutional Era.”
Lee projected similar sentiments on Ethereum, saying it was primed for a “supercycle.” The second-largest cryptocurrency by market cap would move from being a speculative asset to a significant financial infrastructure following heavy institutional adoption. This uptake would catalyze a rally to a range of $7,000 – $9,000 (roughly +363.92%) by early 2026, according to Lee.
Source: CoinMarketCap
He further noted AI-driven productivity, strong corporate earnings, and government support as key contributors to this outlook. AI infrastructure company Nvidia reported a staggering 875% increase in net profit since January 2023, according to Forbes. As for interest rates, the US Federal Reserve paused any further changes to the current range of 3.50% to 3.75%, with potential cuts expected to be delayed until June or September.
Most of the comments on CNBC’s X post of the interview depict wariness of Lee’s predictions, labeling him a “permabull” due to consistently optimistic forecasts for the US stock markets. One commentator compared him to Jim Cramer, citing previous notable missed calls, such as ETH hitting $6,500 on August 2025.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The war sent BTC to decline while premium that sent crude oil prices screamed above…
Worldcoin price underwent a strong rebound from the local lows before hitting the strong support…
Pi Network just made its most ambitious move yet, and it has nothing to do…
XRP is trading around $1.09 and sitting roughly 70% below its all-time high, but the…
BitMine Immersion Technologies Inc. (NYSE: BMNR) has emerged as one of Wall Street's fastest-growing Ethereum…
After weeks of consolidation and lower highs, the Uniswap (UNI) price is now pressing against…
