#BTC #ETH

The co-founder and head of the research department at Fundstrat, Tom Lee, expects the crypto market to make a strong comeback before the end of the year, citing improving technical and fundamental signals for Bitcoin and Ethereum.
According to Lee, the effect of the recent liquidations caused by global trade tensions has largely been exhausted, creating conditions for recovery.
He emphasized that open interest, both in Bitcoin and Ethereum, has fallen to historically low levels – a situation that, according to him, often precedes renewed upward movement.
Li highlighted several key factors supporting his optimistic forecast. He noted that JPMorgan's willingness to use cryptocurrencies as collateral could accelerate institutional adoption, while the moderate drop in Bitcoin of just 3-4% during the last major liquidation underscored its resilience as a store of value.
As for Ethereum, Li pointed out that the network shows stable on-chain activity – especially in layer one solutions (L1), layer two (L2), and in stablecoins – which is still not fully reflected in the price. He expects the increasing network strength to lead to "significant movement" over the coming months.
Lee added that cryptocurrencies often act as a leading indicator for market liquidity and stock markets, suggesting that the current price behavior may signal a broader positive momentum through the end of the year.