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Tom Lee: Is the big dump of ETH and BTC due to human liquidation? Experts predict the bottom may be around $2500.

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[Coin World] Recently, the fall of ETH and BTC has been quite severe, and Tom Lee provided an interesting assessment - this wave is actually a liquidation manipulated by people, not a major issue with the fundamentals.

This statement is not made lightly. Lee is citing the analysis of market timing expert Tom DeMark, who has previously consulted for Goldman, Citi, and Paul Tudor Jones, making him a veteran in the field. DeMark believes that the ideal bottom for ETH is around 2500 dollars, but he also mentioned that the actual reversal might come a bit earlier.

In simple terms: don't panic, this wave is more like a technical correction rather than a trend collapse.

ETH0.79%
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HalfBuddhaMoneyvip
· 8h ago
Human liquidation? Laughable, this trap saying is always useful. I just want to know if 2500 really comes, will we still be so calm? DeMark is indeed quite skilled, but predicting this stuff... just listen to it. Reversal comes early? Well, it still has to reverse, bro.
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MEVHuntervip
· 8h ago
Artificial liquidation? It depends on the actions of those large investors in the mempool. DeMark's bottom predictions are always hindsight... I'm actually interested in monitoring the arbitrage space of the gas war around the number 2500.
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GateUser-40edb63bvip
· 8h ago
Artificial liquidation? Ha, it's the same rhetoric again, every time there's a fall it's manipulation, but when it rises, why doesn't anyone say it's a human pump? $2500 bottom... Is Tom DeMark reliable this time? How did his predictions go the last two times? Don't just listen to the celebrity hype, you still need to look at on-chain data, that's real money.
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MetaverseMigrantvip
· 8h ago
Artificial liquidation? I'm tired of hearing this trap, every time there's a fall, experts come out to save the day. Can 2500 really provide a bottom? I think it's unlikely. DeMark is indeed skilled, but predicting the bottom has always been a matter of mysticism. An earlier reversal? Then why not just say the time directly? A technical pullback sounds nice, but my Wallet doesn't think so.
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