ChainCatcher message, BitMine's newly appointed chairman of the board and renowned market analyst Tom Lee recently released a macroeconomic outlook report indicating that as we enter the final phase of 2025, the Federal Reserve's monetary policy will clearly shift to a dovish stance, while the ISM manufacturing index is expected to rebound above 50. These two key factors will create strong conditions for the global financial market to conclude robustly by the end of 2025.

In the report, Tom Lee categorizes the market trends of 2025 into three phases: the "tariff concern period" from January to April, the "V-shaped rebound period" from April to now, and the currently forming "dovish Federal Reserve and ISM recovery period." Data shows that the S&P 500 index has risen 9% so far this year, outperforming market expectations.

Tom Lee predicts that the S&P 500 index is expected to reach the range of 6800-7000 points by the end of 2025. He emphasized that when market interest rates fully reflect the Federal Reserve's dovish stance, it will have a significantly positive impact on the economy and stock market, although this process may be accompanied by volatility.