Tom Lee warns of the risk of missing Bitcoin's "10 best days": this week may have already become a key upward window
Odaily Planet Daily News Tom Lee posted on the X platform, stating that investors waiting for the bottom of the crypto market in October need to reassess the risk of market timing. Citing Fundstrat's "Rule of 10 Best Days" for Bitcoin, he pointed out that Bitcoin's long-term gains are highly concentrated in just a few trading days.
Tom Lee stated that historical data shows the majority of Bitcoin's gains come from the 10 best-performing trading days of the year. If holders miss these 10 days, investment returns could decline substantially. Data shows that capturing Bitcoin's 10 best trading days yields cumulative returns of approximately 162%, while excluding these 10 days results in returns of -14%.
"This week has already become one of those 10 best trading days, so long-term investors should choose to HODL rather than attempt to perfectly time the bottom," Tom Lee said.
He has emphasized multiple times before that investors who frequently enter and exit the market often miss the most critical phases of upward movement. Fundstrat research also shows that market returns are typically concentrated in a few extreme up days, and waiting for a pullback before entering could result in missing key market moves.
