BlockBeats News, on January 8th, Tom Lee stated in an interview with CNBC that a broad rally at the beginning of 2026 (stocks, precious metals, cryptocurrencies, etc.) has always been a good sign for investors and institutional investors. This year will be “joy, depression, and rally,” similar to the pattern of 2025. “There will be a moment this year that makes people feel like entering a bear market,” but it will then rebound strongly, and ultimately the stock market will end on a bullish note. He predicts the S&P 500 index could reach 7,700 points by the end of 2026.
He believes that when the market tests the new Federal Reserve Chair, there could be a 15% to 20% correction, especially in the second half of the year. But this is not the end of the cycle, rather a buying opportunity.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine accelerated purchases last week with 60,976 ETH! Tom Lee: Ethereum is in the late stage of the "bear market," and the bottom could be seen as early as this week.
Ethereum reserve company Bitmine announced its holdings on March 9, accumulating 4.535 million ETH with total assets reaching $10.3 billion. Chairman Tom Lee stated that they have recently accelerated their purchase by 60,976 ETH and believe that Ethereum is currently in the late stage of a small bear market, with the bottom estimated between March 8 and 14. Bitmine has staked 3.04 million ETH, generating an annualized yield of $174 million, and plans to launch its own staking infrastructure, MAVAN.
動區BlockTempo17m ago
Ethereum Breakout Signals Short-Term Upside
The recent bullish sentiment in the crypto market is driven by Ethereum's breakout from a downward trendline, indicating potential price targets of $2,050 and $2,085. While the volatility remains, analysts are optimistic about Ethereum's long-term prospects contingent on market adoption.
Coinfomania26m ago
SXP Price Surges 11.59%: What This Could Mean for Traders
SXP has surged 11.59% amid a generally declining crypto market, reaching $0.0231. This increase reflects heightened investor interest, driven by market dynamics and trading activity, as traders eye key resistance and support levels.
Coinfomania36m ago
BitMine increased its holdings by 60,976 ETH last week. The Executive Chairman states that ETH may bottom out in mid-month.
BitMine announced that as of March 8, its total assets reached $10.3 billion, including 4,534,563 ETH and 195 BTC. Executive Chairman Tom Lee stated that amidst market uncertainty, ETH has shown resilience, and its price is expected to bottom out between March 8 and 14. Meanwhile, BitMine is accelerating its ETH accumulation, with staked ETH reaching 3,040,483.
GateNews42m ago
Oil prices rise to $119, reaching a new high since 2022, Bitcoin remains at $67,000, and the Federal Reserve has a 99% probability of maintaining interest rates in March.
On March 9th, WTI crude oil prices rose to $119 per barrel, reaching a new high since 2022. Due to threats from Iran, global crude oil supply losses approached 20 million barrels. Bitcoin remained at $67,000, with no signs of panic selling. The probability that the Federal Reserve will keep interest rates unchanged is approximately 99%.
GateNews1h ago
Bitcoin order book data: Over $100 million in buy orders accumulated in the $65,000 range, with sell pressure around $68,000.
Gate News Report, March 9 — On the X platform, on-chain data analysis platform Coinglass released data showing that Bitcoin order books have accumulated buy orders exceeding $100 million in the $65,000 to $65,150 range. Meanwhile, order book data indicates significant sell pressure around the $68,000 level.
GateNews1h ago