Odaily News Tom Lee stated that the fall of ETH and BTC is a result of artificial manipulation and liquidation, rather than a fundamental collapse. This viewpoint comes from market timing expert Tom DeMark, who has provided consulting for Goldman, Citi, and Paul Tudor Jones. DeMark believes that the ideal bottom for ETH is around $2500, but a reversal might occur earlier.
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Tom Lee: The fall of ETH and BTC is due to artificial liquidation, not a fundamental collapse.
Odaily News Tom Lee stated that the fall of ETH and BTC is a result of artificial manipulation and liquidation, rather than a fundamental collapse. This viewpoint comes from market timing expert Tom DeMark, who has provided consulting for Goldman, Citi, and Paul Tudor Jones. DeMark believes that the ideal bottom for ETH is around $2500, but a reversal might occur earlier.