CryptoQuant CEO: Tom Lee may have to be bullish because he is in the sell-side research sector
PANews, December 20 — CryptoQuant CEO Ki Young Ju tweeted that Tom Lee is usually a staunch bull, with his ratio of bullish to bearish calls being about 10:0. When a market correction seems inevitable, he briefly acknowledges the possibility of a downturn and adjusts his risk ratio to about 9 to 1. This may be due to his position in the sell-side research field, which forces him into this somewhat bittersweet situation.
Previous news reported that an internal research report from Tom Lee's fund indicated that BTC and ETH would experience a deep correction, which is contrary to his own claim that a new high would be reached by the end of January.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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