[Video｜Tom Lee: Excessive Leverage in the Market May Lead to a Pullback] Bitmine Chairman Tom Lee stated in an interview that he still believes the market could experience a pullback later this year. On one hand, factors such as the midterm elections, Federal Reserve policies, and high leverage are increasing market volatility; on the other hand, there remains significant disagreement over whether inflation has truly come down. However, Tom Lee believes that if consumer inflation expectations do not spiral out of control, the Federal Reserve could actually afford to be more patient, and inflation might show more noticeable improvement by the end of the year. In the short term, the market may need to cool down, but this divergence and uncertainty also mean that opportunities have not been fully priced in.