đ° Why did Tom Lee say the bottom is in, but Bitcoin still fell below $84K?
Fundstrat CEO Tom Lee told viewers in Singapore that crypto has ăfallen below the bottom for two daysă, but on the very day of his remarks, a flash-crash liquidation event worth more than $400 million suddenly occurred, causing Bitcoinâs price to fall below $84,000. At the same time, Bitmine, the Ethereum wealth company managed by Lee, announced that it would stop buying ETH at a pace of 5% of the total supply.
Why is this news important?
Tom Lee is a globally well-known crypto analyst, and his comments have a significant impact on market sentiment. But this time, his prediction that the bottom is already in coincided with panic selling triggered by large-scale liquidations in Bitcoin. Behind this contrast, there may be a more complex game of capital: Leeâs comments may be aimed at reassuring institutional investors, while the liquidation event is an extreme manifestation of the market correcting itself. This means bottom-calling requires more evidence, because the current market is still digesting the aftermath of extreme sell-offs.
Market impact
In the short term, Leeâs comments may attract buyers who are waiting for confirmation that the bottom is in. However, as long as Bitcoin cannot hold above $84K, this bullish view will be questioned. This means:
- BTCâs near-term support is at 81.5K (down 10% from 84K). Holding it could enable a rebound in the 81.5Kâ85K range
- But if Bitmineâs pause in buying spreads to other wealth platforms, ETH could see further downside to 2.2K
- The impact on the market landscape is that regulatory silence (such as U.S. Treasury Secretary Yellen not mentioning crypto recently) may imply they are also observing how effective analysts like Leeâs are being validated
Trading approach
đĄ Iâm bearish in the short term, but bullish in the medium term. If Bitcoin finds support at 81.5K and rebounds to 83K, Leeâs assessment may hold true. But as long as it breaks below 80K, the logic behind this bottom confirmation falls apart. That means itâs not advisable to blindly buy the dip nowâwait patiently for the trapped sell orders below 84K to be fully flushed out.
This article has no project sponsorship, and the author does not hold any of the assets mentioned
$BTC $ETH #BTC #ETH
â ď¸ Not investment advice; predictions are for reference only
#BitcoinTargets2026OpenAt$87570
Fundstrat CEO Tom Lee told viewers in Singapore that crypto has ăfallen below the bottom for two daysă, but on the very day of his remarks, a flash-crash liquidation event worth more than $400 million suddenly occurred, causing Bitcoinâs price to fall below $84,000. At the same time, Bitmine, the Ethereum wealth company managed by Lee, announced that it would stop buying ETH at a pace of 5% of the total supply.
Why is this news important?
Tom Lee is a globally well-known crypto analyst, and his comments have a significant impact on market sentiment. But this time, his prediction that the bottom is already in coincided with panic selling triggered by large-scale liquidations in Bitcoin. Behind this contrast, there may be a more complex game of capital: Leeâs comments may be aimed at reassuring institutional investors, while the liquidation event is an extreme manifestation of the market correcting itself. This means bottom-calling requires more evidence, because the current market is still digesting the aftermath of extreme sell-offs.
Market impact
In the short term, Leeâs comments may attract buyers who are waiting for confirmation that the bottom is in. However, as long as Bitcoin cannot hold above $84K, this bullish view will be questioned. This means:
- BTCâs near-term support is at 81.5K (down 10% from 84K). Holding it could enable a rebound in the 81.5Kâ85K range
- But if Bitmineâs pause in buying spreads to other wealth platforms, ETH could see further downside to 2.2K
- The impact on the market landscape is that regulatory silence (such as U.S. Treasury Secretary Yellen not mentioning crypto recently) may imply they are also observing how effective analysts like Leeâs are being validated
Trading approach
đĄ Iâm bearish in the short term, but bullish in the medium term. If Bitcoin finds support at 81.5K and rebounds to 83K, Leeâs assessment may hold true. But as long as it breaks below 80K, the logic behind this bottom confirmation falls apart. That means itâs not advisable to blindly buy the dip nowâwait patiently for the trapped sell orders below 84K to be fully flushed out.
This article has no project sponsorship, and the author does not hold any of the assets mentioned
$BTC $ETH #BTC #ETH
â ď¸ Not investment advice; predictions are for reference only
#BitcoinTargets2026OpenAt$87570