币圈大多头Tom Lee：AI和加密货币抛售已接近尾声

Group 1 - The core viewpoint is that AI trading and cryptocurrencies may be approaching a temporary bottom after a period of intense selling, as indicated by Tom Lee from Fundstrat [1][2] - Tom Lee believes that the recent sell-off in software stocks, particularly the "Mag 7" and cryptocurrencies, has reached a critical point, with software stocks down approximately 99% and Mag 7 down about 95% [2] - The market's reaction to Nvidia's solid earnings report, which was met with restrained responses, suggests a potential misjudgment regarding the software sector's sell-off [1][3] Group 2 - Nvidia's earnings report showed record quarterly revenue and strong net profit, with its forward P/E ratio being less than 20 times, approximately half of Costco's valuation, indicating a favorable outlook for the hardware sector [3] - Tom Lee maintains a bullish stance on cryptocurrencies, particularly Ethereum (ETH), predicting a rebound as the current downturn is nearing its end [4] - The investment strategy includes a focus on cyclical themes leading into 2026, with an emphasis on energy and basic materials, while still favoring core assets like Mag 7, Bitcoin, and ETH [5]