[Tom Lee: Four Factors Behind the Weakness in the Crypto Market, Current Levels May Be Near the Market Bottom] According to a report by CoinPost, Bitmine Chairman Tom Lee delivered a keynote speech at WebX 2026, discussing Ethereum's long-term growth potential, the role of blockchain in the upcoming AI era, and how blockchain will protect humanity. He also elaborated on Bitmine's strategy using data and historical comparisons. Tom Lee pointed out that there are four factors behind this year's weak performance in the crypto market. The first factor is the shift in the Federal Reserve's monetary policy. At the beginning of the year, the bond market anticipated two interest rate cuts by the Fed, but eventually, market expectations shifted to two rate hikes, effectively eliminating the previous expectation of four rate cuts. Given that a loose monetary environment is favorable for the cryptocurrency market, this macroeconomic change has become a major headwind for the crypto market.