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Tom Lee: The decline was expected, and the probability of an increase in the next week is quite high.

Tom Lee: The decline was expected, and the probability of an increase in the next week is quite high.

金色财经2025/10/11 13:18

Jinse Finance reported that BitMine Chairman Tom Lee commented on today's market flash crash on CNBC: "The decline was expected, as there has already been a 36% increase since the April low. Today, the fear index VIX once surged by 29%, which is an extreme move in the top 1% of cases. Today's drop is a decent shakeout. What I want to tell everyone is that the market is indeed a bit tense, but unless there is a real structural change, this kind of pullback is a good buying opportunity. I can't say for sure that the market has bottomed today, but we know that under the current circumstances, the returns over the next week or even a month will be pretty good. If someone asks me how the market will perform a week from now, I would say the probability of an increase is quite high."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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