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🔥TOM LEE: “THIS DOESN’T LOOK LIKE A 4-YEAR BITCOIN CYCLE.” Lee argues this cycle is behaving differently from every prior Bitcoin cycle: 1️⃣ On-chain activity is rising. ETH addresses, usage, and TVL are moving higher — the opposite of prior cycle tops. 2️⃣ Leverage washout already happened. The October... show more
64,118 Aufrufe • vor 8 Monaten •via X (Twitter)
31 Kommentare

Stfu tom

Breaking: man whos business needs crypto to go up, says crypto should go up.

Saying it is not a 4 year cycle is fine but you need to explain what replaced it. Liquidity cycle still runs the show and macro is the real halving now.

Tom Lee has been calling for six-figure Bitcoin since $30k. I've managed through actual cycle peaks... none of these indicators are predictive, they're all backward-looking correlation retrofits. "On-chain activity rising" was also true in late 2021 before the 70% drawdown. "Leverage washout" doesn't prevent new leverage from building - funding rates and open interest are already back at elevated levels. ISM and copper/gold correlations? Those work until they don't. Bitcoin topped in November 2021 while ISM was still contracting. These posts are designed to keep you positioned while he monetizes the eyeballs through speaking fees and client AUM. Real institutional desks don't call cycle tops - they manage risk dynamically regardless of "this time is different" narratives. Every cycle top features someone explaining why the old patterns don't apply anymore.

This is an important reframing. Cycles don’t disappear — they *evolve*. What looks different this time is the structure, not the psychology. • Usage is rising instead of topping • Leverage was flushed early, not late • Macro never confirmed a terminal peak • Cross-asset signals still point to risk *rotation*, not risk *exit* The danger isn’t assuming “same 4-year cycle.” It’s assuming cycles must repeat *exactly* to rhyme.

So BitMine’s playing Saylor with ETH now if one public treasury can corner 3%+ of supply, what does that do to liquidity and staking yields in the next cycle?

Interesting take from Tom Lee—on-chain strength, an early leverage flush, weak ISM, and gold still leading all suggest this cycle may be playing out very differently than past tops.

Etfs changed it

Wb the price my nigga

It looks like an 8 year cycle

Tom Lee’s insights are sharp! Unique cycle dynamics.

Tom Lee has called for a new Bitcoin ATH every single quarter since 2022. Not saying he's wrong this time but his track record is "broken clock right twice a day" territory. The data points are interesting. The source is...well, Tom Lee. I'd weight the on-chain metrics higher than the messenger.

The ISM point is the one to watch. 36 months sub-50 but if it finally inflects up, that becomes the clearest buy signal in years. Direction > level.

The signs of a cycle top aren’t there. On-chain activity is growing, leverage already got wiped out, and macro signals don’t confirm a peak.

🤡

Interesting take, seems like the cycle’s writing its own rules, feels bullish to me

If on-chain activity is rising while leverage already got flushed, this looks more like a reset.

Interesting cycle feels different On-chain activity rising and leverage washed out, not your typical top.

Things to say when u are down 7 billy

@benjamincowen what do you think about this points?

Tom hasn't hit a prediction all year. Tom Cramer not Tom Lee. Thinking.

LOL - ETH TO 7-9 k by end of Jan 2026 killed his credibility by max magnitude

Gold leading copper is another key difference

He’s a retard

Tom Lee’s take is interesting. Rising on-chain activity and less leverage stress suggest this cycle could run differently maybe longer or stronger than we’ve seen before.

Every cycle is different once it starts looking messy.

Interesting take, maybe this cycle is just breaking the mold we’re used to.

Leverage already getting flushed while activity trends up is a different mix than past late-cycle setups.

Like we didn't know 😀 Duuuh

Thanks Captain Obvious

If btc doesn't go up ethereum doesn't go up. When will eth trade from under the shadow of btc.
