Tom Lee and Market Timing Expert Believe Cryptocurrency Decline Is Due to Manipulation

Tom Lee, prominent market analyst, attributes the recent downturn in both Bitcoin (BTC) and Ethereum (ETH) to orchestrated liquidations rather than a fundamental market collapse. This view aligns with Tom DeMark, a respected market timing expert who has advised esteemed firms like Goldman Sachs, Citigroup, and Paul Tudor Jones. DeMark anticipates that the most favorable point for ETH prices might be around $2,500, although a potential reversal is possible sooner.