Tom Lee predicts that the "September Curse" will be broken: The Federal Reserve's interest rate cuts will help drive up US stocks, and Ethereum is poised for a surge.
Tom Lee believes that the Federal Reserve's interest rate cut in September will break the "September Curse," and this September may be different, perhaps a good month for a rebound. (Background: Wall Street wizard! Tom Lee has accurately predicted the "bottom" of Ethereum three times, forecasting ETH to break $10,000 and BTC to reach $150,000 this year.) (Supplementary background: BitMine, the largest Ethereum holder, has unrealized losses of $190 million, and Tom Lee confidently states: ETH is expected to reach $15,000.) Every September, Wall Street becomes alert: the market generally believes that U.S. stocks perform weakly in September, a phenomenon known as the "September Curse." Historical data also shows that September is indeed one of the worst-performing months for major U.S. stock indices (such as the S&P 500 Index and the Dow Jones Industrial Average). However, Tom Lee, the chairman of the board of BitMine, the current largest Ethereum reserve company, presented a completely different view in the latest Macro Minute video. He believes that this September may be different, possibly a good month for a rise. The Federal Reserve's interest rate cut boosts U.S. stocks. Tom Lee explains that the Federal Reserve has remained steady on the federal benchmark interest rate so far this year, and as September approaches, the Fed will finally have the opportunity to restart interest rate cuts. To support his view, Tom Lee further reviewed two years in history that are similar to the current cycle: In 1998, the Fed cut interest rates to alleviate the financial crisis, which not only calmed market panic but also initiated a long bull market that spanned the millennium, with value stocks and growth stocks rising in tandem. In 2024, after a long period of tightening policy, the Fed turned, and the market welcomed a rebound, culminating in a concentrated explosion at the end of the year. Therefore, Tom Lee believes that the macro environment in 2025 will resemble the above two years, with an expected rise in September. Dual Opportunities: U.S. Stocks and Crypto Assets. In addition to the stock market, as the chairman of BitMine, the current largest Ethereum reserve company, Tom Lee reiterated his view: Ethereum is the biggest macro trading opportunity this year. He stated that although Ethereum has pulled back after hitting a new high, it has continued to oscillate around $4,400 after rising from the low point of around $1,300 this year, and the longer this consolidation lasts, the stronger the momentum for Ethereum's subsequent rise may be: The upward momentum has been accumulating, the stronger the bottom, the stronger the breakout. Related Reports: Ethereum Treasury》BitMine and SharpLink continue to increase their positions, U.S. pharmaceutical company Propanc Biopharma plans to buy $100 million in ETH over the next year. Bitcoin falls below $113,000》U.S. semiconductor stocks lead the decline: Nvidia drops 3.5%, AMD plunges 5.4%. Speculative bubble among retail investors reappears? This time it may be different. <Tom Lee predicts the "September Curse" will be broken: The Federal Reserve's interest rate cut helps U.S. stocks rise, with Ethereum poised for a breakout.> This article was first published in BlockTempo《Blockchain Trends - The Most Influential Blockchain News Media."
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Tom Lee predicts that the "September Curse" will be broken: The Federal Reserve's interest rate cuts will help drive up US stocks, and Ethereum is poised for a surge.
Tom Lee believes that the Federal Reserve's interest rate cut in September will break the "September Curse," and this September may be different, perhaps a good month for a rebound. (Background: Wall Street wizard! Tom Lee has accurately predicted the "bottom" of Ethereum three times, forecasting ETH to break $10,000 and BTC to reach $150,000 this year.) (Supplementary background: BitMine, the largest Ethereum holder, has unrealized losses of $190 million, and Tom Lee confidently states: ETH is expected to reach $15,000.) Every September, Wall Street becomes alert: the market generally believes that U.S. stocks perform weakly in September, a phenomenon known as the "September Curse." Historical data also shows that September is indeed one of the worst-performing months for major U.S. stock indices (such as the S&P 500 Index and the Dow Jones Industrial Average). However, Tom Lee, the chairman of the board of BitMine, the current largest Ethereum reserve company, presented a completely different view in the latest Macro Minute video. He believes that this September may be different, possibly a good month for a rise. The Federal Reserve's interest rate cut boosts U.S. stocks. Tom Lee explains that the Federal Reserve has remained steady on the federal benchmark interest rate so far this year, and as September approaches, the Fed will finally have the opportunity to restart interest rate cuts. To support his view, Tom Lee further reviewed two years in history that are similar to the current cycle: In 1998, the Fed cut interest rates to alleviate the financial crisis, which not only calmed market panic but also initiated a long bull market that spanned the millennium, with value stocks and growth stocks rising in tandem. In 2024, after a long period of tightening policy, the Fed turned, and the market welcomed a rebound, culminating in a concentrated explosion at the end of the year. Therefore, Tom Lee believes that the macro environment in 2025 will resemble the above two years, with an expected rise in September. Dual Opportunities: U.S. Stocks and Crypto Assets. In addition to the stock market, as the chairman of BitMine, the current largest Ethereum reserve company, Tom Lee reiterated his view: Ethereum is the biggest macro trading opportunity this year. He stated that although Ethereum has pulled back after hitting a new high, it has continued to oscillate around $4,400 after rising from the low point of around $1,300 this year, and the longer this consolidation lasts, the stronger the momentum for Ethereum's subsequent rise may be: The upward momentum has been accumulating, the stronger the bottom, the stronger the breakout. Related Reports: Ethereum Treasury》BitMine and SharpLink continue to increase their positions, U.S. pharmaceutical company Propanc Biopharma plans to buy $100 million in ETH over the next year. Bitcoin falls below $113,000》U.S. semiconductor stocks lead the decline: Nvidia drops 3.5%, AMD plunges 5.4%. Speculative bubble among retail investors reappears? This time it may be different. <Tom Lee predicts the "September Curse" will be broken: The Federal Reserve's interest rate cut helps U.S. stocks rise, with Ethereum poised for a breakout.> This article was first published in BlockTempo《Blockchain Trends - The Most Influential Blockchain News Media."