Popular crypto analyst Tom Lee is urging investors to capitalize on dips in the market with his “buy the dip” mantra. His call follows Bloomberg’s report of record inflows into U.S. equity ETFs, exceeding $47 billion over a week, or roughly $10 billion daily. Lee aligns with his long-standing view that short-term market declines offer buying opportunities. However, his firm, BitMine Immersion, is experiencing pressure due to Ethereum price drops, resulting in a decline of 14% this week. The company’s holdings, including its significant Ethereum and Bitcoin treasury, are now worth significantly less than the assets themselves. This situation mirrors Lee’s previous concerns in mid-October when he noted that several crypto asset treasuries were trading below their net asset value, suggesting potential market correction. The current scenario reflects a broader market trend with investors scrutinizing crypto treasury companies due to valuations approaching asset parity, indicating a shift towards valuing real assets over speculative premiums. Lee’s statement comes as massive capital continues flowing into traditional equity markets while crypto values face pressure. This stark contrast highlights the divergence in investor sentiment between traditional and digital assets.