TOM LEE, you have such a boldness!

Last night, TOM LEE was a guest on CNBC and once again criticized the 1011 incident.

He believes that the reason cryptocurrency has been so weak since October last year

is due to the leverage cleanup caused by the 1011 crash.

Currently, the cryptocurrency industry has no leverage left.

The surge in gold and silver has directly caused a FOMO for precious metals across the board,

which has had a draining effect on cryptocurrency.

Additionally, there is policy uncertainty.

Washington is selecting winners, and clearly, gold and silver are the winners this round.

Moreover, the new Fed chair is leaning hawkish.

However, TOM LEE still has confidence in the future.

Because the fundamentals of cryptocurrency remain strong.

Gold and silver have already started to take a break.

Cryptocurrency will make a comeback!