Tom Lee draws attention to the dip buying opportunity.

Tom Lee from Fundstrat Calls on Investors

Thomas Lee, the founder of Fundstrat, called on investors to view the recent sell-offs as buying opportunities. Lee argues that these sell-offs present a significant bottom point for the market.

Evaluation on Gold and Cryptocurrencies

Lee expressed that gold prices have likely peaked during the year. He predicts that cryptocurrencies Bitcoin and Ethereum could outperform in the market.

In particular, Lee anticipates that Ethereum will experience a brief decline below the approximately 1,800 US Dollars level, believing that after this level, it will enter a lasting recovery process.

Continued Decline in the Bitcoin Market

Last Wednesday, Bitcoin fell below the 67,000 US Dollars level. This situation indicates a pullback following last week’s recovery. Currently, Bitcoin is reported to be trading approximately 50% below its record levels from October.