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TechFlow News, May 18: Tom Lee, Chairman of BitMine, tweeted, “Ethereum is facing selling pressure due to rising oil prices—the negative correlation between ETH and oil prices has reached a historical high. Ethereum’s long-term core drivers remain tokenization and AI agents. These structural drivers are already in place. Therefore, I expect ETH’s price to strengthen further as we progress through 2026.”
Tom Lee, Chairman of BitMine, tweeted: “Ethereum is facing selling pressure due to rising oil prices—the negative correlation between ETH and oil prices has reached a historical high. Ethereum’s long-term core drivers remain tokenization and AI agents. These structural drivers are already in place. Therefore, I expect ETH’s price to become increasingly resilient as we progress through 2026.”
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