There are a lot of macroeconomic headwinds, but tokenization and AI downstream narratives are underpinning things again. Now it's about who can hold out longer.

CoinWorld News reported that Bitmine Chairman Tom Lee said that Bitcoin and Ethereum face macro headwinds including expectations of Federal Reserve interest rate hikes, the Clarity Act legislation still pending, FOMO sentiment sparked by AI investments, and private credit siphoning funds. Meanwhile, there are tailwinds such as the tokenization trend, cryptocurrencies being positioned to benefit downstream from AI, and the digitization of currency into a software-like form, and that market sentiment is extremely pessimistic and has nearly reached its peak.