3
In brief
- Fundstrat co-founder Tom Lee said that crypto prices have lagged fundamentals as gold and silver pulled risk appetite away.
- He argued Bitcoin and Ethereum have reached a technical and time-based bottom.
- Ethereum on-chain activity is accelerating even as prices remain under pressure.
Fundstrat co-founder Tom Lee claimed the cryptocurrency market is likely at or near a bottom on Monday, arguing that prices have overshot to the downside even as underlying fundamentals continue to strengthen.
