2026 Crypto Market Pullback: Fundstrat Strategist Flags Potential Bitcoin Drop to $60K-$65K Range

Crypto strategists at Fundstrat, led by Sean Farrell, Head of Crypto Strategy, have outlined a distinctive market forecast for 2026 in their latest outlook report. The analysis suggests that despite long-term bullish fundamentals and anticipated liquidity injections throughout the year, investors should prepare for a notable correction in the opening months—specifically targeting Bitcoin in the $60,000-$65,000 range.

Predicted Price Corrections: Near-Term vs. Year-End Targets

According to Farrell’s baseline assessment, the first and second quarters of 2026 present a window for significant price adjustments across major cryptocurrencies. The predicted corridors include:

• Bitcoin: Could test the $60,000-$65,000 zone, though year-end projections suggest recovery to approximately $115,000
• Ethereum: Anticipated to move toward $1,800-$2,000 levels, with potential recovery to $4,500 by year-end
• Solana (SOL): May experience pullback to the $50-$75 range

These price levels, according to the strategist, would create compelling accumulation opportunities for investors positioning ahead of stronger performance expected in the latter half of 2026.

Strategic Rationale: Why the Caution?

Farrell emphasizes that managing downside risk in early 2026 remains prudent, even with constructive long-term crypto market conditions. The strategist suggests maintaining a defensive posture until technical confirmation signals emerge that validate a sustainable uptrend—particularly if initial price targets are not realized.

Ethereum’s Relative Strength Thesis

A distinctive element of Fundstrat’s outlook centers on Ethereum’s structural advantages over the broader market. The analysis highlights that ETH will demonstrate enhanced relative performance due to several favorable factors:

• Absence of ongoing miner selling pressure that historically weighed on Bitcoin
• Insulation from macro factors tied to major corporate Bitcoin holdings (MSTR dynamics)
• Reduced exposure to quantum computing risk concerns that have gained attention in crypto circles

This structural advantage, Farrell suggests, justifies Ethereum’s projected outperformance and the potential for ETH to reach $4,500 by year-end—a trajectory reflecting both recovery from the anticipated correction and sustained relative strength within the crypto ecosystem.