TechFlow news, October 11 — Tom Lee, Chairman of BitMine, commented on today's market flash crash during a CNBC program: "The decline was expected, as we've already seen a 36% gain since the April low. Today, the fear index VIX surged by 29%, marking one of the top 1% extreme market moves. This sell-off is a healthy shakeout. I want to emphasize that while the market does feel nervous, unless there’s a genuine structural shift, this pullback represents a solid buying opportunity. I can't say for sure that the market has bottomed today, but we know under current conditions, returns over the next week or even month tend to be quite favorable. If someone asks me how the market will perform a week from now, I’d say the odds favor an upward move."
