[Tom Lee's Fund Analyst: Disagrees with the 'Current Market Has Peaked' View] BlockBeats News, November 2, Mark Newton, an analyst at Tom Lee's fund, published an article stating that he disagrees with the current community's view of 'using technical indicators to argue that cryptocurrencies have already peaked.' His reasons are as follows: 1. The Elliott Wave structure has not shown any signs of peaking. 2. The monthly DeMark signals are not yet in place. 3. Sideways consolidation leads to weakened momentum, which often causes the MACD to turn negative. However, in this case, due to the lack of wave confirmation of a sharp five-wave decline from the high point, no definitive conclusion can be drawn. 4. The mid-term trend has not been broken (since 2022, prices have continued to rise, and highs have continued to climb). 5. Market sentiment is far from reaching the levels that typically signify a meaningful peak in the cryptocurrency market. It is worth noting that although Mark Newton has previously made accurate predictions about Ethereum's price movements, since September, his optimistic outlook on Ethereum has diverged from the actual market performance.