Tom Lee: Investors are as tense as if they were afraid of cockroaches, my advice is to "buy the dip".

This October has been quite tough for investors, as the market's fluctuating trends have led many funds to flow into gold. However, BitMine chairman Tom Lee's suggestion is “buy the fxxking dip.” (Background: Tom Lee: The digital asset bubble may have burst; the influx of DAT companies and NAV falling below 1 is a warning sign.) (Additional context: BitMine bought the dip with 128,000 ETH! Tom Lee insists on being bullish: pullbacks are healthy whipsaws, and the market has not undergone structural changes.) This October is not Uptober, but rather a month of market coldness and difficulty. Bitcoin (Bitcoin) price surged to $102,000 on the 11th, and today (18th) it hovers around $107,000. I may not should say this, but when you see one cockroach, it means there are more lurking in the dark. Everyone should be alert to this. JPMorgan CEO Jamie Dimon raised the “cockroach theory” on the 14th, referring to the recent bankruptcies of Tricolor Holdings (subprime auto loans) and the First Brands incident, reminding that the risks in the credit market may not be just one issue. JPM recorded a loss of about $170 million due to Tricolor. This warning about risks in the subprime market instantly caused a broad contraction in risk appetite. Investors quickly switched to a risk-averse mode, and gold expanded in scale today, with even Bitcoin, regarded as “digital gold,” finding it hard to escape. Against the backdrop of strained US-China relations, this statement acted as the last straw, amplifying global anxiety. However, BitMine chairman Tom Lee has a different perspective. Buy the fxxking dips. External pressure ignited market panic, and BitMine chairman Tom Lee pointed out that he can sense why the market is so cautious. US-China tensions, massive deleveraging last week, and “cockroach” fears in the private credit sector have scared the subprime market. We all thought October would see a crash. Investor sentiment is negative (AAII) = viewed from a contrarian perspective, it's bullish. Only 22% of fund managers beat the market = performance can be chased. But his overall assessment of the current market suggests “buy the fxxking dip (BTFD).” I understand why markets are “wary” – tensions – major deleveraging last week – “cockroach” fears on private credit – October is a month we tend to see… But… – sentiment is negative (AAII) = contrarian good – only 22% fund managers beating benchmark = chase BTFD = our… — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) October 17, 2025 Extreme pessimism also brings contrarian signals. Tom Lee and BitMEX founder Arthur Hayes both advocate for positioning on dips, optimistic about Ethereum reaching $12,000 by year-end and Bitcoin potentially hitting $250,000 in the long term. They believe these targets are based on the real demand for DeFi, rather than short-term sentiment. Does the chairman really understand the market? Do you trust Tom Lee? This article is not any investment advice; please hold onto your October chips cautiously. Related reports: Ethereum's bottom line is $4,200! Tom Lee's analysts: ETH is set to bottom out in the next two days and then surge to $5,500. BitMine bought the dip with 128,000 ETH! Tom Lee insists on being bullish: pullbacks are healthy whipsaws, and the market has not undergone structural changes. “Tom Lee: Investors are as tense as if they were afraid of cockroaches; my suggestion is 'buy the fxxking dip'” was first published in BlockTempo, the most influential blockchain news media.