Tom Lee Urges Investors: Seize Crypto Opportunities Now, Don’t Wait for the “Absolute Bottom”

In the face of the cryptocurrency market’s recent, unsettling “halving” corrections, Tom Lee, the esteemed Chief Investment Officer of Fundstrat and Chairman of Bitmine—often dubbed “Wall Street’s Oracle”—has delivered a compelling message to investors: rather than fruitlessly chasing an elusive “absolute bottom,” now is the opportune moment to identify entry points.

Speaking at the “Consensus 2026” conference in Hong Kong on Wednesday, Lee emphasized, “At this very moment, your focus should be on emerging opportunities, not on succumbing to panic selling.”

Navigating Bitcoin’s Significant Correction

Since reaching an all-time high of $126,000 in October 2025, Bitcoin has seen nearly 50% of its gains evaporate, marking its most severe correction since the prolonged crypto winter of 2022. Earlier today, Bitcoin briefly dipped below the $67,000 threshold, relinquishing some of the robust gains it made last weekend, which saw it rebound from $60,000 to $72,000. Ethereum mirrored this downturn, falling to $1,950 with a nearly 3% daily decline.

Precious Metals Volatility: The Unseen Catalyst

Lee attributes the recent fragility in the crypto market to a ripple effect originating from dramatic fluctuations in the precious metals sector. Late January witnessed multi-trillion dollar movements in gold’s market capitalization within a single day, triggering widespread margin calls across markets. This, in turn, exerted downward pressure on various risk assets, including cryptocurrencies.

Despite Bitcoin’s underperformance relative to gold in 2025, Lee anticipates a significant reversal. He posits that gold prices have already peaked this year, setting the stage for Bitcoin to reassert its dominance and outperform gold once again in 2026.

Ethereum’s Resilient History and Future Outlook

Turning his attention to Ethereum, Tom Lee offered a historical perspective, reminding the market that since 2018, Ethereum has consistently demonstrated strong rebounds following 50% retracements. This pattern suggests a potential for recovery even amidst current pressures.

Further bolstering this view, Lee cited technical analyst Tom DeMark, who suggests Ethereum might require one final, brief “downward wick”—a dip below the $1,800 mark—to establish a “perfect bottom.” Such a move, DeMark argues, would provide a solid foundation for a more sustained and robust recovery trajectory.