Tom Lee: The decline of ETH and BTC is a result of human liquidation, not a fundamental collapse
Tom Lee stated that the decline of ETH and BTC is a result of manipulated liquidations, rather than a fundamental collapse.
This view comes from market timing expert Tom DeMark, who has previously consulted for Goldman, Citi, and Paul Tudor Jones. DeMark believes that the ideal bottom for ETH is around $2,500, but a reversal may occur sooner.
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