Ether (ETH) has declined by 13% from its recent peak, a smaller drop compared to the 20% fall in U.S. semiconductor stocks during the same market pullback. Thomas Lee, Chairman of Bitmine Immersion Technologies, attributes this difference to broader risk-off market pressure. He also notes that recent crypto pullbacks are less severe than those seen in late 2025 and early 2026, suggesting that a bull market may be underway for cryptocurrencies.
Tom Lee's comments on Ether's pullback come with Pluang market data as of Oct 28, 2026 07:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 31 rose and 18 fell today. Notable movers include EOS with a +8.13% change at Rp12.649 and Bitcoin Cash up 6.30% at Rp5.381.360, while Basic Attention Token fell 5.21% to Rp2.590. The most notable figure is EOS's 8.13% gain.
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