What to Do After a Crypto Market Crash? Tom Lee Presents a "New Buying Logic" for Bitcoin and Ethereum

Fundstrat Chief Investment Officer and BitMine Immersion (BMNR) Chairman Tom Lee stated at the Hong Kong Consensus Hong Kong 2026 Conference that investors should no longer obsess over precisely predicting market bottoms, but instead focus on identifying entry opportunities with favorable risk-reward profiles during pullbacks. "What you should be thinking about are opportunities, not panic selling," he emphasized. Recently, the crypto market has come under renewed pressure. Since reaching a historic high in October 2025, Bitcoin has retraced about 50%, marking one of the most severe corrections since 2022. On Wednesday, Bitcoin fell below $67,000, down approximately 2.8% in the past 24 hours; Ethereum also weakened, dropping to around $1,950, with a daily decline of about 3%. Lee linked this downward movement to significant fluctuations in precious metal prices. He pointed out that in late January, gold market capitalization experienced daily shocks worth trillions of dollars, triggering chain reactions of margin pressure, leading to the sell-off of risk assets. Due to Bitcoin's performance lagging behind gold in 2025, he believes precious metals may have already approached a phase high, while digital assets could have better relative performance prospects before 2026.
When discussing Ethereum, Lee reviewed historical trends, noting that since 2018, Ethereum has experienced multiple deep retracements of around 50%, often followed by strong rebounds. He also cited technical analyst Tom DeMark's assessment that Ethereum might temporarily dip below $1,800, forming a "perfect bottom" and laying the groundwork for subsequent medium-term recovery. Lee summarized that the market will never provide a universally accepted bottom point, but staggered positioning, controlling the pace, and focusing on long-term logic are often more practical than obsessing over precise timing. For investors willing to accept volatility, the current stage is more like a critical window to reassess risks and potential returns. #Gate春节赛马红包嘉年华