Fundstrat研究负责人汤姆·李（Tom Lee）最近与CNBC进行了交谈，这表明更广泛的市场可能正在接近底部

FundStrat研究负责人汤姆·李（Tom Lee）最近与CNBC进行了交谈，这表明，更广泛的市场可能会接近底部，这可能是本周的最快。

Tom Lee, Head of Research at Fundstrat, recently spoke with CNBC, suggesting that the broader market may be nearing a bottom, potentially as soon as this week.

FundStrat研究负责人汤姆·李（Tom Lee）最近与CNBC进行了交谈，这表明，更广泛的市场可能会接近底部，这可能是本周的最快。

Lee's outlook comes amid economic uncertainty as President Trump navigates his first 100 days in office. Several factors are contributing to market volatility, including the Department of Government Expenditure (DOGE) program, which imposes austerity measures that reduce public spending, and the tariff policies creating further uncertainty for businesses and investors.

特朗普总统在任职的头100天导航时，李的前景是出于经济不确定性而产生的。有几个因素导致市场波动，包括​​政府支出部（DOGE）计划，该计划采取了减少公共支出的紧缩措施，关税政策对企业和投资者造成了进一步的不确定性。

Bitcoin (BTC) has experienced yet another reversal in price, filling in Friday's CME gap and currently sitting at $83,000—down over 10% this year. Meanwhile, the Nasdaq 100 has also dropped nearly 10%, with another similar decline would trigger a bear market.

比特币（BTC）经历了另一种逆转价格，填补了周五的CME差距，目前为83,000美元，今年超过10％。同时，纳斯达克100号也下降了近10％，另一个类似的下降将触发熊市。

Lee points to Friday’s upcoming job data as a key event that could dictate short-term market direction. If the data is worse than expected, he anticipates an initial wave of panic, but Lee believes it could also prompt the Federal Reserve to accelerate interest rate cuts.

李将即将到来的工作数据指出，这是一个重要的事件，可以决定短期市场的方向。如果数据比预期的要差，他预计最初的恐慌浪潮，但李认为这也可能促使美联储加速降低利率。

Currently, the futures market is pricing in 75 basis points of cuts for this year, which would bring the benchmark federal funds rate to a range of 3.50%-3.75% by year-end. So far, the Fed has already implemented 100 basis points worth of cuts in this cycle.

目前，期货市场的定价为今年的75个基点，这将使基准的联邦资金利率达到3.50％-3.75％。到目前为止，美联储在此周期中已经实施了价值100个基点。

Lee also addressed bitcoin’s struggles, noting that its recent downturn is not driven by negative news but rather by cyclical market forces. He sees a potential short-term price target of $62,000 but still see's bitcoin finishing over $150,000 by end of the year.

Lee还解决了比特币的斗争，并指出其最近的经济不景气不是由负面消息所驱动的，而是由周期性的市场力量驱动的。他认为潜在的短期目标价为62,000美元，但仍然看到比特币在今年年底达到了15万美元。

Tom Lee, Head of Research at Fundstrat, is known for his bullish market calls and his deep knowledge of the financial markets. He is a regular contributor to the financial press and is frequently interviewed by the media.

Fundsstrat研究负责人汤姆·李（Tom Lee）以其看涨的市场呼吁和对金融市场的深刻了解而闻名。他是财务出版社的定期贡献者，经常受到媒体的采访。

Lee's outlook on the market comes as the market has been faced with a triple whammy of bad news. Firstly, the Department of Government Expenditure (DOGE) program, which is part of the government's broader austerity measures, is expected to reduce public spending significantly this year. This will have a negative impact on economic growth and could lead to further job losses.

李在市场上的看法是由于市场面临的三重坏消息。首先，政府支出部（DOGE）计划是政府更广泛的紧缩措施的一部分，预计今年将大大减少公共支出。这将对经济增长产生负面影响，并可能导致进一步的失业。

Secondly, the Trump administration's tariff policies have been increasing uncertainty for businesses and investors. The administration has imposed tariffs on goods from China, Mexico, and Canada, and it is unclear what the long-term implications of these tariffs will be.

其次，特朗普政府的关税政策一直在增加企业和投资者的不确定性。政府对中国，墨西哥和加拿大的商品征收关税，目前尚不清楚这些关税的长期影响。

Finally, the market has also been sensitive to any changes in the Federal Reserve's monetary policy. The Fed is expected to begin raising interest rates later this year, and any indication that the rate hike cycle could be delayed or stalled could lead to to a selloff in the market.

最后，市场对美联储货币政策的任何变化也很敏感。预计美联储将于今年晚些时候开始提高利率，任何迹象都表明，加息周期可能会延迟或停滞，可能导致市场上的抛售。

Despite these challenges, Lee believes that the market is nearing a bottom and could rally sharply from current levels. He points to several factors that support his bullish view.

尽管面临这些挑战，李认为市场正在接近底部，并且可能从目前的水平上急剧地升起。他指出了支持他看涨观点的几个因素。

First, the market has already priced in a significant amount of bad news. The S&P 500 index is down about 10% from its all-time high, and the Nasdaq 100 index is down nearly 15%. This downturn has been driven by concerns over the trade war, the government shutdown, and the slowdown in the Chinese economy.

首先，市场已经以大量的坏消息定价。标准普尔500指数比其历史最高高的指数下降了约10％，纳斯达克100指数下降了近15％。对贸易战争，政府关闭以及中国经济放缓的担忧，这种低迷的推动了。

However, Lee believes that these concerns are largely priced into the market and that the market could begin to rally once these worries begin to abate.

但是，Lee认为，这些担忧基本上是在市场上定价的，一旦这些担忧开始减轻，市场就会开始集会。

Second, Lee anticipates that the upcoming job data on Friday could be a key event to watch for in the short term. If the data comes in worse than expected, it could trigger an initial wave of panic as traders react negatively to bleak economic indicators.

其次，Lee预计即将到来的工作数据可能是短期内要注意的关键事件。如果数据比预期的要糟，则可能会引发最初的恐慌浪潮，因为交易者对经济黯淡的指标做出负面反应。

But on the flip side, weaker than expected jobs numbers could also prompt the Federal Reserve to accelerate interest rate cuts in an effort to salvage the floundering economy. Currently, the futures market is pricing in 75 basis points of cuts for this year, which would bring the benchmark federal funds rate to a range of 3.50%-3.75% by year-end. So far, the Fed has already implemented 100 basis points worth of cuts in this cycle.

但是，另一方面，比预期的工作数字弱也可能促使美联储加速降低利率，以挽救挣扎的经济。目前，期货市场的定价为今年的75个基点，这将使基准的联邦资金利率达到3.50％-3.75％。到目前为止，美联储在此周期中已经实施了价值100个基点。

Third, Lee sees bitcoin (BTC) continuing to struggle as it fills in Friday’s CME gap and trades down over 10% for the year to reach $83,000. In another similar move, the Nasdaq 100 is approaching another 10% decline, with another similar drop pushing it into bear market territory.

第三，李认为比特币（BTC）继续挣扎，因为它填补了周五的CME差距，并在一年中下跌了10％以上，达到了83,000美元。在另一项类似的举动中，纳斯达克100又接近10％的下降，另一个类似的下降将其推向了熊市市场。

Bitcoin is now down 10% from Friday's close, having filled the gap from Friday's CME expiry. It is now testing the key $80,000 support level. A move below this level could open the way for further losses to the next level of support at $70,000

比特币现在比周五结束了10％，这已经填补了周五CME到期的空白。现在正在测试关键$ 80,000的支持水平。低于此级别的举动可能为进一步的损失迈向下一个支撑水平，为70,000美元