Tom Lee responds to the contradiction between his bullish outlook and his fund's bearish stance: short-term defense and long-term optimism can coexist

On December 21, the Ethereum Crypto Treasury (DAT) company BitMine Chairman Tom Lee cited a tweet to explain “why my market views differ from those in the Fundstrat report.” In an interview on the 19th, Tom Lee stated that “Bitcoin may hit a new all-time high by the end of January 2026,” while Fundstrat analyst Sean Farrell’s report on the 20th indicated that “Bitcoin could fall to $60,000 to $65,000 in the first half of 2026, and Ethereum could drop to $1,800 to $2,000.” In the quoted tweet, Tom Lee explained that the Fundstrat fund does not operate as a single voice. As Chairman of BitMine, Tom Lee focuses on long-term cycle judgments and liquidity considerations, while Sean Farrell, as Head of Digital Asset Strategy, is responsible for crypto model portfolios and actual position allocations, concentrating on capital flow and risk management. Their short-term risk management and long-term optimism are not contradictory but are based on different timeframes and responsibilities—short-term defense and long-term bullishness can coexist.