The global crypto market pulled back to about $3.23 trillion on Monday, down close to a percent from recent levels, and signs of weakness were visible across most top tokens.
According to market trackers, investor mood is chilled — the Fear and Greed Index sits at 18, labeled extreme fear — and the average Relative Strength Index for major coins hovers near 41, a reading that leans toward oversold conditions.
Bitcoin was trading around $95,400 while Ethereum hovered near $3,155, with many large-cap assets showing only small daily moves.
Tom Lee Issues Long-Term Take
According to Tom Lee, BitMine chairman and an early Bitcoin bull at Fundstrat, the current pullback does not wipe out the potential for much larger gains down the road.
Lee noted that Bitcoin rose roughly 100x from his first recommendation back in 2017, when the price was near $1,000, and he suggested Ethereum may be at the start of a similar long-term run.
BitMine Chairman Tom Lee suggested that the rece
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