Grayscale

Squawk

Tom Lee

<p>Tom Lee, the co-founder, Managing Partner, and Head of Research at Fundstrat Global Advisors, has predicted a market-wide revival, which he says will take place this March.&nbsp;</p>
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 <p>“I think March is going to be a turnaround month for the better.”</p>
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<p>In an interview with CNBC’s Squawk Box, Lee identified 2026 as a bullish year, with tech companies and cryptocurrencies showing the best gains.</p>
<h2 class="wp-block-heading" id="h-crypto-and-stock-market-bull-run">Crypto and stock market bull run</h2>
<p>In the interview, Lee forecasted a year-end target of 7,700 for the S&amp;P 500 Index, which closed at $6,881 on Monday.</p>
<p>As for crypto, Lee dismissed the recent market volatility as more of a “squall” than a structural failure. He further reiterated a $200,000-$250,000 (roughly +165%) target for Bitcoin in 2026, adding that the flagship cryptocurrency would retire its historic four-year cycle in favor of a more mature momentum. This comment is similar to that made by digital asset management company Grayscale Investments, in its <a href="https://research.grayscale.com/reports/2026-digital-asset-outlook-dawn-of-the-institutional-era" rel="noopener noreferrer nofollow">report</a> dubbed the “Dawn of the Institutional Era.”</p>
<p>Lee projected similar sentiments on Ethereum, saying it was primed for a “supercycle.” The second-largest cryptocurrency by market cap would move from being a speculative asset to a significant financial infrastructure following heavy institutional adoption. This uptake would catalyze a rally to a range of $7,000 – $9,000 (roughly +363.92%) by early 2026, according to Lee.</p>
<figure class="wp-block-image size-full"><img width="640" height="194" src="https://image.coinpedia.org/wp-content/uploads/2026/03/03055705/lee.webp" alt="Crypto price chart">
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<p>Source: <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a></p>
<p>He further noted AI-driven productivity, strong corporate earnings, and government support as key contributors to this outlook. AI infrastructure company Nvidia reported a staggering 875% increase in net profit since January 2023, according to Forbes. As for interest rates, the US Federal Reserve paused any further changes to the current range of 3.50% to 3.75%, with potential cuts expected to be delayed until June or September.</p>
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   <p><a href="https://twitter.com/fundstrat?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@fundstrat</a>'s Tom Lee expects March to be an up month for the stock markets: <a href="https://t.co/lBY02LCI2j" rel="noopener noreferrer nofollow">https://t.co/lBY02LCI2j</a></p>— Squawk Box (@SquawkCNBC) <a href="https://twitter.com/SquawkCNBC/status/2028485833968226333?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2026</a>
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<h2 class="wp-block-heading" id="comments-on-lee-s-market-outlook">Comments on Lee’s market outlook</h2>
<p>Most of the comments on CNBC’s X post of the interview depict wariness of Lee’s predictions, labeling him a&nbsp; “permabull” due to consistently optimistic forecasts for the US stock markets. One commentator compared him to Jim Cramer, citing previous notable missed calls, such as ETH hitting $6,500 on August 2025.</p>
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   <p>Is ETH at $6500 like he predicted last August? Or his company at $65? Have never listened to this guy.</p>— Jim Thrift/Dad of 5 (@JimThrift) <a href="https://twitter.com/JimThrift/status/2028522653556801645?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2026</a>
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The Crypto and Stock Market Rebound Is Coming This March: Fundstrat’s Tom Lee

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