Tom Lee Discusses Market Manipulation in Cryptocurrency Decline

According to Odaily, Tom Lee has stated that the recent decline in Ethereum (ETH) and Bitcoin (BTC) is due to manipulated liquidations rather than a fundamental collapse. This perspective is shared by Tom DeMark, a market timing expert who has previously advised Goldman Sachs, Citigroup, and Paul Tudor Jones. DeMark suggests that the ideal bottom for ETH is around $2,500, although a reversal could occur sooner.