Coin World News reported that on April 9, Tom Lee said in an interview with CNBC today that although last week saw the escalation of the US-Iran conflict and oil prices rising, the stock market did not fall accordingly. This is a positive sign of “decoupling,” suggesting that negative risks have been priced in ahead of time and that the market remains resilient. Historically, stock markets often bottom out in the early stages of a war rather than waiting until it ends. In addition, Tom Lee said that 70% of S&P 500 components have already gone through a “rolling bear market.” Most individual stocks or sectors have already absorbed significant adjustments, selling pressure has basically been exhausted, and positioning has been reset. This means the worst-case scenario for the overall market is very likely already behind us, leaving more room for upside. Tom Lee reiterated that he remains bullish on cryptocurrencies represented by Ethereum, as well as Mag 7, technology, industrials, and small- and mid-cap stocks.