Tom Lee, Chairman of Bitmine, has indicated that the ongoing crypto bear market may be approaching its conclusion. Speaking on April 20, Lee highlighted that Ethereum (ETH) has surged approximately 41% since its February low, outperforming the S&P 500 index. He attributes Ethereum's recent gains to the tokenization of traditional financial assets and increased demand from AI systems for blockchain infrastructure. Lee also pointed out that crypto bear markets have historically aligned with major stock market corrections. He suggests that current macroeconomic changes could be signaling the end of the current cycle, potentially marking a turning point for the cryptocurrency market.