According to CoinMeta, co-founder Tom Lee stated that cryptocurrency investors may be entering an exceptionally strong 12-month period. He believes that the market has already cleared most of the excess leverage, and a significant four-year cycle in history is about to reach its expected bottom. Lee recently indicated that the next 12 months should be “very bullish” for cryptocurrencies. He pointed out that the deleveraging that occurred last October and the upcoming low point of this four-year cycle are key factors. Lee believes that despite the long-term decline in prices, the fundamentals of cryptocurrencies are continuing to improve. He specifically mentioned the increasing adoption of tokenization by major financial institutions, which he believes will drive demand growth. In addition, the enhancement of artificial intelligence capabilities could also become another important source of demand for blockchain infrastructure. Lee described the recent rebound in cryptocurrencies as a “correction,” rather than a short-lived surge. He warned investors not to try to pinpoint the exact market bottom, suggesting that in past crypto cycles, it was wise to buy four weeks in advance or one week after the low point. Lee also noted that Fundstrat has long observed that a few particularly strong trading days can contribute significantly to the returns of cryptocurrencies.