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Fundstrat’s Tom Lee urged investors not to abandon Ethereum (CRYPTO: ETH) out of FOMO, yet ETH plunged 6% on Thursday as gold and silver’s explosive rally continues.
The Gold Vortex Problem
Lee responded to a post from BitMine (NYSE:BMNR) highlighting that gold and silver surged 18% and 52% year-to-date.
The company called the moves “astounding and impressive” but warned they’re creating a “vortex” that’s sucking investor attention away from structurally strong themes like AI and crypto.
Lee’s message was direct: “Own what works. But don’t let FOMO make you abandon good ideas.”
The capital rotation issue ties back to Lee’s earlier analysis this week.
He explained…
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