**Market Experts Push Back: Liquidation Cascade, Not Crash**

The recent pullback across major cryptocurrencies isn't telling the full story. Influential crypto analyst Tom Lee has just weighed in, suggesting that the ongoing pressure on Bitcoin and Ethereum stems primarily from forced liquidations triggering sell-offs—not a deterioration in underlying fundamentals.

This take aligns with market timing veteran Tom DeMark, whose technical models have guided some of Wall Street's biggest names. DeMark's latest analysis points to potential stabilization points, with Ethereum potentially finding support around the $2,500 level, though a bounce could materialize sooner depending on derivative market conditions.

**Where We Stand Right Now**

At current levels, Bitcoin is trading around $87.16K while Ethereum sits near $2.94K. The gap between these price points and the predicted support zones suggests there's room for volatility in the near term. What Tom Lee's latest news highlights is the distinction between technical selling pressure and genuine bear market fundamentals—a critical distinction for traders positioning themselves through this cycle.

**The Liquidation Story Matters**

When leveraged positions get wiped out in rapid succession, they create a domino effect that amplifies downward price movement. This mechanism doesn't necessarily indicate weakness in Bitcoin or Ethereum's long-term value proposition. Instead, it reflects the current state of over-leverage in derivatives markets—a pattern that can reverse just as quickly once positions stabilize.

The takeaway? Major dips driven by liquidation events often present tactical opportunities rather than directional warnings about the asset classes themselves.