Tom Lee: Financial markets typically bottom out in the early stages of a war, rather than waiting until it's over

BlockBeats News, April 9th, during an interview with CNBC today, Tom Lee stated that last week's escalation of US-Iran conflict and the rise in oil prices did not cause a stock market downturn. This is a positive sign of "decoupling," indicating that negative risks have been priced in advance and the market is resilient. Historically, the stock market tends to bottom out early in a war rather than waiting until it ends.

Furthermore, Tom Lee mentioned that 70% of S&P constituent stocks have experienced a "rolling bear market," with most individual stocks or sectors undergoing significant adjustments and selling pressure being largely exhausted, with positions already reset. This means that the worst scenario for the overall market has likely passed, leaving more room for upside.

Tom Lee once again emphasized his bullish view on cryptocurrencies represented by Ethereum, as well as Mag 7, technology, industrial, and mid-cap stocks.