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Bitmine Chairman Tom Lee: The market may have already bottomed out; I recommend focusing on the leading assets since the outbreak of hostilities

Market Analysis Geopolitics Stocks

2026-04-11 15:11:36

ETH0.34%

BTC-0.62%

BMNR2.78%

Gate News, April 11—Bitmine Chairman Tom Lee said on the X platform that although the market overall still has a strong streak of skepticism, more and more signs indicate that the bottom of this market cycle has already appeared. In a high-uncertainty environment, investors may focus on assets that have outperformed since the Iran conflict; among them, Ethereum-related holdings rank first, followed by Bitcoin-related assets. Specifically, Tom Lee lists Ethereum and related assets (such as ETHA, BMNR) as his top picks, and he is also bullish on Bitcoin and its ETFs (such as IBIT). He previously also emphasized that during the geopolitical conflict, Ethereum demonstrated relative strength and became a “barometer” of the market’s resilience. Overall, Tom Lee believes cryptocurrencies have proven to be a “wartime store-of-value,” the market has gradually digested negative factors, and risk assets have a foundation for a further rebound, but the prerequisite still depends on the continued stability of macroeconomic and geopolitical conditions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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