Strategist Tom Lee supports Huang Renxun: The AI tragedy and cryptocurrency sell-off are about to end.

Co-founder of Fundstrat, Tom Lee, believes that software stocks, the "Big Seven" US tech stocks, and cryptocurrencies are nearing their bottom. Lee announced that the panic trading triggered by AI is almost over. He stated that markets often hit bottom when bad news is fully out. He specifically mentioned a recent viral analysis post from Citrini Research about the "AI doomsday" that shook investors earlier this week. He said, "I think we are seeing signs that we may be at the depths of the bottom." He told clients that the "Big Seven" index has been rising since February 17th, and the software stock index has been rallying for two consecutive days, with its bottom established on February 23rd.