律动BlockBeats|Mar 04, 2026 11:04
[Tom Lee: The Market May Be in a Bottoming Phase, Overall Performance Significantly Stronger Than Expected]
BlockBeats News, March 4, Ethereum treasury company BitMine Chairman Tom Lee stated in an interview with CNBC, 'No one wants to see the U.S. involved in conflicts. But it must be noted that the market's performance has been much more resilient than expected. I don’t think anyone can definitively say we’ve hit bottom yet, but this looks like a bottoming process—bad news keeps coming, yet the market is able to digest it and remain stable. More importantly, I believe positions have been significantly reset.
If we look back at April last year, a simple signal was the VIX rising above 40. Last year, it reached 80, but this time it may not go that high. Another signal is: if another panic-driven news story emerges, gold continues to drop, and the stock market instead turns upward on the same day, it would indicate the market has cleared out. I think we’re close to that stage.
We believe March is a bottoming formation period. The declines in software, Mag 7, and crypto assets have completed about 90%. They are outperforming the market, which is a sign of leadership. Even if global trade disruptions occur, you still need AI, and you still need Mag 7. These companies’ fundamentals remain strong. Investors need to stay patient and cautious, keeping some cash on hand. But I believe opportunities are emerging.'
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