Tom Lee, speaking to CNBC, stated that the market has likely absorbed 90% to 95% of the selling pressure, suggesting the selling phase may be concluding. He noted that historically, stock markets tend to bottom within the first 10% of a conflict's duration, based on studies of wars since 1900. Lee emphasized that while negative news currently triggers risk-off behavior, a slight improvement in conditions could lead to a V-shaped recovery. Additionally, Lee expressed confidence in the U.S. economy's resilience, suggesting it could withstand oil prices reaching $100 or even $120, even if the market bottom has not yet been reached.