Tom Lee Says the Market May Have Already Bottomed

Tom Lee of believes the market may have reached its bottom, pointing to three signals that suggest the worst of the selloff could be over.
- The AI market remains tight, with no clear signs of overcapacity.
- Spending constraints and political opposition are slowing AI growth, but do not necessarily indicate a market peak.
- A reported $6.3 billion Binance-related crypto loss had little impact on prices, suggesting selling pressure may be largely exhausted.
Lee's view is that market conditions may be stabilizing, although a confirmed bottom remains uncertain.