Tom Lee’s Year-End Playbook for Crypto and U.S. Stocks — Signals He’s Watching
The post Tom Lee’s Year-End Playbook for Crypto and U.S. Stocks — Signals He’s Watching appeared on BitcoinEthereumNews.com.
Tom Lee says U.S. stocks can finish 2025 higher and crypto should rally into year-end after a sharp deleveraging, laying out his case during an interview Friday on CNBC’s “Closing Bell: Overtime.” Pressed by co-host Jon Fortt on whether the risk-on trade is back, Lee, who is the chairman of Bitmine Immersion Technologies (BMNR), as well as the head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital, noted he stayed bullish through the spring slump, reminding viewers Fundstrat’s year-end S&P 500 target was 6,600 at the April lows. With the index around 6,800 and roughly 10 weeks left, he said a “typical year” would add about 4%, which “puts us over 7,000 into the end of the year,” and argued the gain could be as much as 10%. He tied the upside to Fed cuts that began in September after a long pause — something he said happened only in 1998 and 2024 over the past 50 years — plus persistent investor skepticism that can fuel late-year advances. Asked by Fortt how crypto fits alongside tariff and trade worries, Lee pointed to Oct. 10 as “the biggest liquidation event in five years,” saying the flush was partly sparked by escalating U.S.–China tariff tensions. Despite that, bitcoin fell only 3%–4%, which he framed as a sign of resilience. “If this happened in gold… and gold was only down a few percentage points, we’d… consider that a real validation,” he said, calling bitcoin a “pretty good store of value” in that context. He sees setup improving into year-end, pointing out that both bitcoin and ether are at record lows in open interest — a measure of outstanding futures and options positions — while technicals are “flipping positive.” A cleaner derivatives backdrop, he said, often precedes upside. Lee…
Filed under: News - @ October 25, 2025 1:30 pm