Bad news didn’t trigger a bigger drop—is the bottom in?

After bad news came out, the market didn’t keep falling sharply. Does that mean selling pressure has run out? I think there’s still one more thing to verify.

According to a report by Decrypt writer Jose Antonio Lanz on November 2, 2026, Tom Lee viewed the crypto market’s reaction to the Binance security incident as a sign that selling pressure may be easing. But the same report also noted that the previous Friday, BTC fell about 4%, while U.S. spot Bitcoin ETFs saw outflows of $643.2 million that day. These are figures from the time covered by the report, not current market data, and they are not enough on their own to prove that the market has bottomed. Original article: https://decrypt.co/382357/tom-lee-calls-bottom-ai-stock-selloff-crypto

My take is that “it didn’t fall further after bad news” is worth watching, but it’s only a sentiment cue. Whether the incident’s impact continues, whether outflows ease, and whether a rebound can hold all need to be cross-checked against future information. From a risk-management perspective, I’d first ask myself: if this assessment is wrong, how much volatility can I tolerate? Then I’d decide whether I need to adjust my risk exposure, rather than abandoning my existing discipline just because someone says “the bottom is in.” This is my personal observation only and is not investment advice.

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Reference: Decrypt / Jose Antonio Lanz, 2026-11-02T19:46:02+00:00 (link: https://decrypt.co/382357/tom-lee-calls-bottom-ai-stock-selloff-crypto).

The content above is for reference only and does not constitute investment advice. Markets involve risk; invest with caution.