Tom Lee: The market remains shrouded in the fog of war, with danger and opportunity coexisting

MarsBitNews · 2026-04-01T15:11:10+00:00

Ethereum treasury company BitMine Chairman Tom Lee pointed out that the market is full of uncertainties, but crises also bring opportunities. He believes that the market has absorbed 90% of the selling pressure. Although it has not yet bottomed out, the U.S. economy can withstand high oil prices and maintain growth. Meanwhile, BitMine increased its ETH holdings by 71,179 tokens last week, significantly higher than the previous weekly average purchase volume.

MarsBitNews

2026-04-01 15:11:10

Abstract generation in progress

Mars Finance News, on April 1, Tom Lee, Chairman of BitMine, the largest Ethereum treasury company, said that the current market is still shrouded in the fog of war, full of uncertainty, but in Chinese, “crisis” simultaneously means “danger” and “opportunity.” Most people focus only on addressing “danger,” but do not grasp “opportunity.” Earlier today, Tom Lee said that the market has already absorbed more than 90% of the selling pressure, and the stock market typically bottoms out in the first 10% stage of the war process. Even though the “low point” has not been reached yet, he believes that the U.S. economy can withstand oil prices of $100, even $120, and maintain growth. It is worth noting that BitMine increased its holdings by 71,179 ETH last week, far exceeding the prior weekly average acquisition volume of 45,000 to 50,000 ETH.

ETH2,2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.