Tom Lee stated at Consensus Hong Kong 2026 that the current crypto market is in a "mini winter," and investors should not be fixated on precisely buy the dips, but rather start considering buying on dips. Lee believes that volatility in precious metals is dragging down risk assets, with gold potentially having peaked this year, while Bitcoin and Ethereum are expected to outperform in 2026. He pointed out that Bitcoin has retraced about 50% from its October high last year, and Ethereum has historically rebounded strongly after similar retracements. ETH may need to briefly dip below $1800 to form a more solid bottom.
Tom Lee: The current crypto market is in a "mini winter," and investors should start considering buying on dips.
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