According to Odaily, Tom Lee has stated that the recent decline in Ethereum (ETH) and Bitcoin (BTC) is due to manipulated liquidations rather than a fundamental collapse. This perspective is shared by Tom DeMark, a market timing expert who has previously advised Goldman Sachs, Citigroup, and Paul Tudor Jones. DeMark suggests that the ideal bottom for ETH is around $2,500, although a reversal could occur sooner.
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According to Odaily, Tom Lee has stated that the recent decline in Ethereum (ETH) and Bitcoin (BTC) is due to manipulated liquidations rather than a fundamental collapse. This perspective is shared by Tom DeMark, a market timing expert who has previously advised Goldman Sachs, Citigroup, and Paul Tudor Jones. DeMark suggests that the ideal bottom for ETH is around $2,500, although a reversal could occur sooner.