Tom Lee: Ethereum’s selling pressure stems primarily from rising oil prices; a decline in oil prices could trigger a rebound in Ethereum. Tom Lee tweeted that Ethereum has recently faced selling pressure, primarily due to rising oil prices, with the negative correlation between ETH and oil at its highest historical level. During the past six weeks of rising oil prices, Ethereum’s price has declined; if oil prices fall, Ethereum is likely to rebound. Lee believes this is a short-term tactical fluctuation, and Ethereum’s stronger drivers remain tokenization and AI agents—structural factors that are already in place, with Ethereum’s price expected to strengthen by 2026.