BlockBeats News: On January 8, Tom Lee said in an interview with CNBC that a broad market rally at the beginning of 2026 (across equities, precious metals, cryptocurrencies, etc.) would be a positive sign for both investors and institutional investors, as long as market breadth remains strong. He predicted that this year will follow a pattern of "joy, depression, and rally," similar to the pattern seen in 2025. "There will be a moment this year that feels like a bear market," he said, but this will be followed by a strong rebound, ultimately ending the year with a bullish outcome for the stock market. He forecasts that the S&P 500 index could reach 7,700 points by the end of 2026.
He believes that when the market tests the new Federal Reserve Chair, a pullback of 15% to 20% could occur, especially in the second half of the year. However, this is not the end of the cycle, but rather a buying opportunity.