Tom Lee: The market may have bottomed out; it is recommended to pay attention to the assets that have led the rise since the outbreak of the conflict
Bitmine Chairman Tom Lee stated on the X platform that despite the overall market still exhibiting strong skepticism, more and more signs indicate that the current market "has found its bottom." In a highly uncertain environment, investors can focus on assets that have performed well since the Iran conflict, with Ethereum-related assets leading the way, followed by btc-42">Bitcoin-related assets.
Specifically, Tom Lee lists Ethereum and related assets (such as ETHA, BMNR) as his top choices, while also being optimistic about Bitcoin and its ETFs (such as IBIT). He previously emphasized that Ethereum has shown relative strength during geopolitical conflicts, becoming a "barometer" of market resilience.
Overall, Tom Lee believes that cryptocurrencies have proven to be a "store of value in wartime," and the market has gradually digested negative factors, providing a basis for further rebounds in risk assets, but this still depends on the continued stability of macro and geopolitical situations.
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