Tom Lee: Ethereum's selling pressure mainly comes from the rise in oil prices, and the resolution of the war will alleviate macroeconomic pressure BlockBeats News: On May 21st, Tom Lee posted that the current selling pressure on Ethereum mainly comes from the rise in oil prices. In response to the just released Federal Reserve's April minutes, he stated that if inflation continues to exceed 2%, the Federal Reserve may need to "tighten policy". Tom Lee believes that ETH exhibits the highest historical negative correlation with oil prices, with high oil prices driving up inflation expectations and increasing the probability of the Federal Reserve raising interest rates, thereby tightening monetary liquidity and suppressing cryptocurrency assets. Since the outbreak of the Iran War, oil price fluctuations have been highly synchronized with the Federal Reserve's expectation of interest rate hikes/cuts in 2026. The resolution of the war will directly affect oil prices and may alleviate macro pressure on ETH. [Original link]