@leowrld

💵#Crypto BitMine Chairman Tom Lee suggested that the recent downturn in the crypto market may stem from one or more market makers facing a gap in their balance sheets, creating an opportunity for “sharks” to force liquidations and drive Bitcoin’s price lower. He stressed that this volatility is only temporary and does not change Wall Street’s broader momentum toward an ETH supercycle. Lee also cautioned traders against using leverage in the current climate and predicted that the market may start to recover in roughly 6–8 weeks, after Thanksgiving.

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