BlockBeats News, April 1st, Tom Lee, Chairman of BitMine, Ethereum’s largest treasury company, stated that the current market is still in a fog of war, full of uncertainty. However, in Chinese, “crisis” simultaneously means “danger” and “opportunity.” Most people only focus on addressing the “danger” without seizing the “opportunity.”
Earlier today, Tom Lee mentioned that the market has absorbed over 90% of the selling pressure, and the stock market usually bottoms out in the final 10% phase of a war cycle. Even if the “bottom” has not yet been reached, he believes that the U.S. economy can withstand $100, or even $120, oil and continue to grow.
