Fundstrat Research Head and Ethereum-related company executive Tom Lee recently commented that early next year, due to multiple factors, cryptocurrencies and the US stock market may face a wave of correction. He estimates that the decline in the US stock market could be in the range of 15%-20%, but this is only short-term pain. As the Federal Reserve's policy shifts to a more accommodative stance and quantitative tightening gradually comes to an end, the market is expected to see a significant rebound by the end of the year. Regarding Bitcoin, Lee maintains his view of an all-time high this year, but he has not recently mentioned the previous target price of $250,000 over the past few months. It seems he is also observing market changes and waiting for more signals to confirm.

BTC-1,35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
RugPullAlertBotvip
· 12h ago
Tom Lee is teasing again? Haha, every time the big shot changes his tune, you know something's off.
View OriginalReply0
SingleForYearsvip
· 12h ago
Tom Lee, this guy really knows how to read the market, huh? Giving up on the $250,000 dream now and just waiting for a rebound? Short-term pain, long-term optimism—I've heard this kind of talk so many times my ears are calloused.
View OriginalReply0
LiquidationWatchervip
· 12h ago
Short-term pain, long-term optimism. I'm tired of hearing this saying... But Lee, this guy's silence over the 250,000 issue is indeed interesting. Is he really scared or is he holding a big move?
View OriginalReply0
SchrodingerProfitvip
· 12h ago
Haha, Tom has changed his tune again. We're all tired of the saying "short-term pain for long-term gain."
View OriginalReply0
SolidityStrugglervip
· 13h ago
Here comes that adjustment theory again... Tom Lee always says the same thing, and he's always the one predicting the rebound. Why has he never been right?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)