Tom Lee's forecast that the stock and crypto markets will rise in March is analyzed in conjunction with macro policies, geopolitical risks, and on-chain data. As a well-known bullish on Wall Street, his views are highly aligned with actual actions—he is the chairman of BitMine, which makes weekly stable purchases of ETH. Currently, BitMine holds up to 4.47 million ETH, accounting for 3.71% of the total ETH supply, with 68% staked, demonstrating strong confidence from long-term capital. On the macro front, recent statements from Federal Reserve officials suggest that the rate hike cycle is nearing its end, and the impact of artificial intelligence on employment may shift policy focus toward stabilizing jobs, providing a foundation for risk asset valuation recovery. Meanwhile, the RMB has stabilized, and OPEC's increased production has alleviated inflation pressures from both exchange rates and energy, supporting global liquidity stability. The crypto market sentiment has hit rock bottom, with the fear index dropping to 10; historical data shows that extreme fear often precedes a medium-term rebound. BitMine's continuous accumulation not only reduces ETH circulating supply but also generates stable cash flow through staking, creating a positive feedback loop. The leading sector's logic lies in the deep integration of AI and crypto: AI agents require on-chain payments, and ETH, as a decentralized computing platform, will directly benefit. Software stocks are also improving profitability through AI-driven efficiency. Geopolitically, although conflicts in the Middle East have escalated, markets are gradually adapting to a "drop the shoe" trading pattern, and cryptocurrencies still hold safe-haven value in certain regions, encouraging institutions to buy against the trend. However, risks remain: if conflicts spiral out of control causing oil prices to spike, or if the US enacts strict regulations, the rebound could be thwarted. Currently, stablecoin market cap has not grown, indicating that off-chain funds are still on the sidelines; the initial rebound may be driven by existing capital. Technically, ETH has strong support around $1350; if it can hold above $1400, it may test resistance at $1600. The strategy recommends a barbell approach—allocating one end to tech and crypto assets, and the other to cash to hedge against uncertainty. Additionally, closely monitor stablecoin market cap changes as a signal of incremental funds. While Tom Lee's predictions carry certain biases, BitMine's real and tangible buying is a more reliable indicator. Investors should remain rational amid extreme fear, focusing on structural opportunities rather than short-term noise.