Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Fundstrat’s Tom Lee Calls for Imminent Stock Market Reversal, Says US Has the ‘Right Pieces’ for a Bottom

Fundstrat’s Tom Lee Calls for Imminent Stock Market Reversal, Says US Has the ‘Right Pieces’ for a Bottom

Daily HodlDaily Hodl2025/04/01 16:00
By:by Mark Emem

Fundstrat’s co-founder and managing partner, Tom Lee, is issuing a forecast for the US stock market over the near term.

In a new CNBC interview, Lee says markets are “really oversold” currently following a correction that has come amid fears over US tariffs.

According to the Fundstrat co-founder, investors are currently facing uncertainty, but there will be clarity after April 2nd that could relieve the selling pressure.

“And this week, I think into April 2nd, investors have three things on their minds. One is, they just don’t know what the tariffs look like. They don’t know if it’s going to damage the economy. And I think, third, many are just a little terrified of the policies of the White House.

But post-Wednesday, I think markets are going to have some visibility. That allows us to take some of the selling pressure off. So yes, I think it’s possible that instead of us breaking down here and seeing markets under further pressure, we actually got the right pieces for a bottom.”

According to Lee, America’s economy is “going to come out okay” after the imposition of the proposed tariffs by the US administration scheduled for April 2nd, a day that President Donald Trump has dubbed “Liberation Day.”

“Brexit’s [the exit of the United Kingdom from the European Union] an example, you know. Brexit happened and the UK economy emerged okay. It didn’t have a huge recession and the stock market did okay.

So for investors today, over the weekend, we had so many thinking the economy is going to completely fall off the rails after Wednesday.”

 

Follow us on X , Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

Generated Image: Midjourney

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04