- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Tom Lee: Crypto Market May Be Bottoming, Ethereum Has Seen 7 >60% Pullbacks Over Past 8 Years with V-Shaped Recoveries
BlockBeats News, February 9th, Tom Lee, Chairman of Ethereum Treasury Company BitMine, stated in an interview with CNBC that 「Over the past eight years, Ethereum has experienced 7 retracements of more than 60%. The good news is that all 7 times have seen a V-shaped recovery. This means a waterfall decline followed by a rapid recovery.
If the crypto market is currently bottoming out, as current signs seem to suggest, especially considering MicroStrategy's approximately 25% rebound, historical experience indicates that this type of recovery often takes a V-shaped structure. This means that as fast as we fall, we often recover at a similar speed.」
You may also like
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…
The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
February 25th Market Key Insights, How Much Did You Miss Out?
Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi
DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC
From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
How Can Agentic Commerce Empower AI to Start Making Money?
February Correction: Is the Crypto Market Bottoming Out?
AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce
Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?
Polymarket New Rule Release: How to Build a New Trading Bot
Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?
WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.
AI Apocalypse, a massive short squeeze
The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…
App