@meopx
BitMine Chairman Tom Lee suggests that the recent weakness in the crypto market may stem from one or more market makers facing a hole in their balance sheet, giving “sharks” an opening to trigger liquidations and push BTC even lower.
Still, he emphasizes this is short-term pain and does not change Wall Street’s broader shift toward an upcoming super ETH cycle.
Lee also issued a strong warning: avoid leverage in the current environment. He expects the market to begin recovering in 6–8 weeks, likely after Thanksgiving.
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