Ethereum (ETH) has been a hot topic of debate lately, with conflicting projections on its price movement. A prominent VC partner recently made waves by predicting that ETH could hover between $1K-$4K for an extended period, challenging the bullish outlook put forth by Fundstrat CIO Tom Lee, who has a $60K price target for the cryptocurrency.
In a recent post on X (formerly Twitter), Andrew Kang, a partner at Mechanism Capital, criticized Lee’s projection as “retarded.” Kang argued that the tokenized market has seen exponential growth, increasing by 1000x since 2020. However, he noted that this surge has not translated into a significant increase in daily transaction fees on the Ethereum network.
Kang also expressed skepticism about large banks and institutions investing in ETH, likening their approach to buying oil only when they need it. Despite this, crypto treasury firms, including Lee’s BitMine, have amassed $21 billion worth of ETH, driven in part by the anticipation of a stablecoin and tokenization boom.
The influx of institutional demand has already pushed ETH from $1.5K to nearly $5K in 2025, marking a 200% rally. However, Kang warned that competition from other blockchains focused on stablecoins could erode ETH’s market share.
Nevertheless, Kang’s bearish outlook may be premature, as ETH accumulation addresses have hit a record high of 27.3 million ETH. Coupled with a potential supply crunch, this could set the stage for a price target of $5K.
In the event of a sharp downturn, Kang highlighted $2.8K as a crucial support level for ETH. This price point coincides with the realized price for accumulation addresses and helped halt a pullback in the first half of 2025.
While the future of ETH remains uncertain, the cryptocurrency’s resilience and growing institutional interest suggest that it may have room to grow. As the market continues to evolve, only time will tell if ETH can maintain its position as a leading digital asset. The Importance of Mental Health in the Workplace
Mental health is a crucial aspect of a person’s overall well-being, and it is especially important in the workplace. With the rise of stress-related illnesses and the impact of mental health on job performance, employers are increasingly recognizing the need to prioritize mental health in the workplace.
One of the main reasons why mental health is so important in the workplace is its direct impact on employee productivity. Studies have shown that employees who are struggling with mental health issues such as anxiety, depression, or burnout are more likely to be less focused, less motivated, and less productive at work. This can result in decreased job performance, missed deadlines, and higher rates of absenteeism.
Furthermore, poor mental health can also lead to increased workplace conflict and reduced job satisfaction. Employees who are dealing with mental health issues may have difficulty interacting with colleagues, managing stress, and coping with the demands of their job. This can create tension in the workplace, reduce team cohesion, and lower employee morale.
In addition to the negative impact on individual employees, poor mental health in the workplace can also have broader consequences for the organization as a whole. High levels of stress and burnout can lead to increased turnover rates, as employees may choose to leave their jobs in search of a healthier work environment. This can result in higher recruitment and training costs for the organization, as well as a loss of valuable talent and institutional knowledge.
On the other hand, when employers prioritize mental health in the workplace, they can create a more positive and supportive work environment. This can lead to improved employee well-being, increased job satisfaction, and higher levels of engagement and productivity. Employers can implement a range of strategies to support mental health in the workplace, such as providing access to mental health resources, offering flexible work arrangements, and promoting a culture of open communication and support.
Ultimately, investing in mental health in the workplace is not only the right thing to do for employees, but it also makes good business sense. By prioritizing mental health, employers can create a more positive and productive work environment, reduce turnover rates, and ultimately improve the bottom line. As the conversation around mental health in the workplace continues to evolve, it is clear that mental health is an essential component of a healthy and thriving workforce.