This damn dog is shouting there again

According to reports by Wu, Tom Lee, chairman of the Ethereum treasury company BitMine, stated that the current market's "cautious" sentiment mainly stems from three aspects: last week's significant deleveraging in the crypto market, concerns over the private credit "roach crisis" (JPMorgan CEO Dimon has warned that the $30 trillion private credit industry in the U.S. is weakly regulated and lacks transparency; "when you see one roach, it means there are more"), and October has historically been a period of high market volatility. However, Tom Lee pointed out that the current negative sentiment may actually be a contrarian positive, with only 22% of fund managers outperforming the benchmark, and they are likely to favor "buying the dip" to chase performance before the end of the year.