Tom Lee Fund Analyst: Five Reasons Why the Current Market Hasn't Peaked Mark Newton, an analyst at Tom Lee's fund, tweeted that many people are trying to use common technical indicators to argue that the crypto market has peaked. Personally, I disagree with this view for the following reasons: 1) The Elliott Wave structure shows no signs of a peak. 2) The monthly DeMark signal has yet to appear. 3) Momentum weakening due to sideways consolidation often causes the MACD indicator to turn negative. However, in this case, since there is no wave indicator confirming a sharp five-wave decline from the high, the MACD turning negative is not decisive. 4) The mid-term trend has not been broken (higher highs and higher lows have continued since 2022). 5) Current market sentiment is far from the levels that typically signal a significant peak in the crypto market.