Svmuu News Bitmine Chairman Tom Lee stated on platform X that despite lingering strong skepticism in the overall market, increasing signs indicate that this market cycle has "found its bottom." In an environment of high uncertainty, investors can focus on assets that have shown leading performance since the Iran conflict, with Ethereum-related assets topping the list, followed by Bitcoin-related assets.
Specifically, Tom Lee listed Ethereum and related assets (such as ETHA, BMNR) as the preferred choice, while also being optimistic about Bitcoin and its ETFs (such as IBIT). He previously emphasized that Ethereum has demonstrated relative strength during the geopolitical conflict, becoming a "bellwether" for market resilience. Overall, Tom Lee believes that cryptocurrencies have proven to be a "wartime store of value," the market has gradually digested negative factors, and risk assets have a foundation for further rebound, but the premise still depends on sustained stability in the macro and geopolitical situation.