Fundstrat Forecasts Bitcoin, Ethereum, and Solana Prices: "Bear – After Bull"

Sean Farrell – Crypto Strategy Director at Fundstrat, an investment firm led by Tom Lee – has just published the report “Cryptocurrency Market Outlook 2026,” offering a cautious short-term perspective but a clear long-term optimism for the crypto market. According to Farrell, 2026 is likely to begin with a significant correction phase, where macroeconomic and market risks are gradually absorbed, before a growth trend resumes in the second half of the year. First Half 2026: Correction and Repositioning Phase Farrell believes that in the first six months of 2026, the cryptocurrency market could face considerable pressure due to: Global macroeconomic risks Monetary policy volatility Large capital flow defensive psychology Although liquidity is expected to improve in 2026, unsettled factors could still cause digital asset prices to weaken in Q1 and Q2. However, he emphasizes: this is not a sign of the cycle ending, but an opportunity for long-term investors to restructure positions at more attractive prices. Base Scenario: Prices Could Drop Significantly Before Rebounding In Fundstrat’s base scenario, the market may experience a sharp correction in the first half of 2026, with target price levels as follows: Bitcoin (BTC): drop to around $60,000 – $65,000 Ethereum (ETH): retreat to $1,800 – $2,000 Solana (SOL): fluctuate between $50 – $75 According to Farrell, if the market indeed reaches these levels, it will be an ideal entry point for long-term investors before a new growth cycle begins. If these correction levels do not occur, he states that Fundstrat will maintain a defensive strategy, waiting for clearer bullish trend signals rather than rushing to deploy capital. End of 2026: Growth Outlook Returns Despite short-term caution, Fundstrat’s report maintains a strong bullish outlook for the long term. By the end of 2026, it is forecasted that: Bitcoin could reach around $115,000 Ethereum has the potential to rise to $4,500 Farrell believes that the combination of liquidity, widespread acceptance of digital assets, and the maturity of the blockchain ecosystem will continue to be the main drivers of recovery after the correction phase. Conclusion: Patience During the Bear Market, Seize Opportunities When the Market Turns The core message from Fundstrat’s report is quite clear: 👉 “Bear first – bull later.” The first half of 2026 may be challenging for short-term investors, but for those with a long-term vision, this could be a crucial period to build strategic positions before the market enters a new growth cycle.