Tom Lee: Bearish Sentiment Could Spark a Year-End Rally

Fundstrat co-founder and BitMine chairman Tom Lee said the crypto market is currently in a “cautious” phase, citing last week’s major deleveraging, concerns over a private credit “cockroach crisis” (a term used by Jamie Dimon to describe hidden risks in the $3 trillion U.S. private credit sector), and October’s historical volatility.

However, Lee views this caution as a contrarian signal. With most fund managers underperforming their benchmarks, he expects more aggressive positioning before year-end. His message to investors: “BTFD — Buy The F**king Dip.”