Crypto dad Tom Lee is sounding off again: cryptocurrencies, chip stocks, and AI cloud companies have all fallen to support levels. As long as the fundamentals are intact, they’re “compressed springs,” and the risk-reward ratio for jumping in now is “pretty good.”
The problem is, he’s still sitting on 6 million $ETH and down $4.5 billion on paper. Just two weeks ago in Singapore, he cut his year-end target from 10,000 to 5,000—and prediction markets give it only a 4% chance of coming true.
So is the spring about to bounce, or is Dad just trying to psych himself up? Pick one in the comments:
A: He got it right this time
B: Explain that previous 10,000 target first
$BTC #TomLee #Ethereum
The problem is, he’s still sitting on 6 million $ETH and down $4.5 billion on paper. Just two weeks ago in Singapore, he cut his year-end target from 10,000 to 5,000—and prediction markets give it only a 4% chance of coming true.
So is the spring about to bounce, or is Dad just trying to psych himself up? Pick one in the comments:
A: He got it right this time
B: Explain that previous 10,000 target first
$BTC #TomLee #Ethereum