Tom Lee Buy ETH as Silver Hits All Time High: Ethereum Breakout?

Tom Lee ETH Buy and Silver All Time High: Pure Chance or Price Signal?

"Tom Lee ETH Buy activity" during Silver all time high moment has shocked the crypto market. According to Arkham’s official data, Bitmine’s wallets added $44.3M worth of coins recently, and their weekly Ethereum purchase now stands at $185.6M.

He publicly said that 2026 will be extremely bullish for $ETH price, supporting his long-term belief in asset’s value. With the metal's price exploding above $56/oz and altcoin getting heavy inflows, many traders are asking one question: Is this a bullish signal for Ethereum too?

Why Silver All Time High Matters for Tom Lee Ethereum Purchase

Silver has now officially broken above its 1980 and 2011 highs. It is trading around $56.37/oz, rising more than 14% in just seven days. 

Key signals from the TradingView chart:

• Pure Vertical Uptrend: Silver price ATH is moving almost straight upward with no big pullback indicating a sign that large institutions are buying aggressively.

• RSI above 84: Normally this is overbought, but during strong rallies, RSI can stay high for long.

• MACD Bullish Expansion: Wide separation in MACD lines and strong green histogram bars show powerful upward momentum.

Historically, when hard money assets go up, it often leads to bullish moves in cryptocurrency, that’s why analysts believe the silver all time high may positively influence its price analysis in the coming weeks.

Tom Lee ETH Buy : What Bitmine Quiet Accumulation Means

Institutional activity around this altcoin is rising fast:

• The Bitmine company purchased $185.6M tokens this week.

• As per SoSoValue data, $76.55M inflows were recorded on November 28.

• BlackRock bought $68.27M coins, including 16,629 last week.

The expert continues his buying strategy and predicts a 3–4× super cycle reaching Tom Lee ethereum price prediction 2026 towards $7,000–$9,000.

As per my analysis being a crypto strategist, when large institutional buying and commodities like silver surge at the same time, it usually means high price potential. This buying pattern supports the idea that Ethereum all time high might be near after silver’s all time high.

Fusaka Upgrade: The Most Important Reason Behind Bullish Expectations

Fusaka upgrade launching on December 3, is a big reason behind the Tom lee ETH buy trend. 

• 38% of validators signaling for a 60M gas limit

• PeerDAS brings 8× blob scaling, making L2 fees under $0.01

• Helps token handle global demand while staying decentralized

• Boosts DeFi, NFTs, gaming, and rollups

Even though spot ETH trades near $3,041, large players with even $4.5B in unrealized losses continue buying.

Price Analysis After Institutional Purchase

Let’s uncover what’s silver ath impact on ethereum price today. The asset is still in a cooling and accumulation phase, trading around $3,000, moving sideways as per TradingView chart.

• RSI: 36–46, which means neither strong buying nor selling

• MACD: Cooling down but no bearish reversal

• Support: Strong at $2,950

• Resistance: Break above $3,100 can take th token to $3,250–$3,350

ETH Price Prediction: After the recent news analysis, the short term target is  $3,250–$3,350, however if inflows surge and silver continues breaking records then, $4,000–$4,500 looks achievable.

Bullish 2026 scenario: Tom Lee Ethereum price prediction of $7,000–$9,000

Conclusion

Silver's explosive ATH shows that global markets are returning to scarce, high-value assets. At the same time, we see strong Tom Lee ETH Buy activity, Bitmine and BlackRock accumulation, and Fusaka upgrade arriving in days.

While the chart is not showing a breakout yet, the foundation for a major Ethereum price rally is building quietly. If these trends continue, it may soon start its climb toward its previous all-time high.

Disclaimer: This article is for educational and informational purposes only. It is not financial advice. Cryptocurrency markets are highly volatile. Always do your own research (DYOR) before investing.