Tom Lee: The South Korean stock market may be entering its final bottoming phase.

KuCoinFlash

Release Time: 07/31/2026 15:43:41

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Summary

Tom Lee, chairman of Bitmine, told Blockbeats on July 31, 2026, that the South Korean stock market may be entering its final bottoming phase, as policymakers show signs of panic. He cited David Tepper, who said, “When policymakers start panicking, the market stops panicking.” With CFT measures tightening and investor sentiment shifting, risk-on assets may soon rebound.

BlockBeats news, on July 31, Tom Lee, Chairman of Bitmine, Ethereum’s largest treasury firm, posted that given Korean policymakers have begun showing signs of "panic," the Korean stock market may be in its final stage of forming a bottom.

He cited the view of David Tepper, founder of Appaloosa and a well-known fund manager: “When policymakers start to panic, the market stops panicking.”

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