[Tom Lee: Market Has Bottomed Out, AI Market Remains Very Tight, Most People Have Been Shaken Out] BlockBeats reported on November 2nd that Tom Lee, in an interview with CNBC, stated: "I think we've bottomed out. You know, a lot of hedge fund managers have told me the famous saying—bottom fishing is dangerous because you don't know how much further it will fall. But I think we have indeed bottomed out because, firstly, the AI market remains very tight. This isn't an overcapacity market; the limiting factors we've seen (like political headwinds) have prevented more capital outflow, which has indeed slowed growth, but hasn't formed a top. I think the second signal is the cryptocurrency theft. You know, the $6.3 billion loss from the Binance theft barely caused a drop in cryptocurrency prices. Because if cryptocurrency is a leading indicator of risk appetite, you've seen people shaken out to some extent, but it barely hurt cryptocurrency prices." [Original Link]