Fund analyst under Tom Lee: Bitcoin may drop to $60,000 to $65,000 in the first half of 2026, Ethereum may fall to $1,800 to $2,000

BTC-0,01%
ETH-1,97%
SOL-1,01%

BlockBeats News, December 20 — Sean Farrell, Head of Cryptocurrency Strategy at Fundstrat, a fund under Tom Lee, stated in the “2026 Cryptocurrency Outlook” report, “Although I believe Bitcoin and the entire crypto market still have strong bullish factors in the long term, supported by liquidity-driven factors that are expected to emerge in 2026, we may still need to digest several risks in the first and second quarters of 2026. These risks could present more attractive entry points. My baseline judgment is that there will be a noticeable decline in the first half of 2026. Bitcoin may fall to $60,000–$65,000, Ethereum may drop to $1,800–$2,000, and SOL may decline to $50–$75. These levels will provide good opportunities for positioning before the end of the year. If this judgment proves to be wrong, I still prefer to maintain a defensive stance and wait for confirmation signals of a trend reversal. The year-end target for Bitcoin is approximately $115,000, and Ethereum’s year-end target may reach $4,500. Within this framework, ETH’s relative strength will be even more prominent. I believe this is reasonable because Ethereum has more favorable structural capital flow characteristics, including: no miner sell pressure, unaffected by MSTR-related factors, and relatively lower concerns about quantum risks.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Funding Rates Turn Negative at -0.0074% Across Major Exchanges

Gate News message, April 24 — Bitcoin's eight-hour average funding rate across the network has turned negative at -0.0074%, according to Coinglass data. Among major exchanges, funding rates vary: one platform reported -0.0038%, another -0.0048%, a third -0.0034%, and a

GateNews15m ago

Poland's Largest Exchange Faces $350M Swindling Allegations

Zondacrypto is facing allegations of fund misappropriation, as its CEO, Przemysław Kral, claims the exchange lost access to a wallet containing over 4,500 BTC. Kral stated that the wallet was sold to the exchange, but its former owner disappeared before delivering the private keys. Key

Coinpedia36m ago

Bitcoin ETF Inflows Turn Positive for Year, All Flow Metrics Green for First Time in Months

Gate News message, April 23 — Bitcoin spot ETFs are gaining momentum as all flow metrics tracked by Bloomberg turned positive for the first time in months, according to Bloomberg Senior ETF Analyst Eric Balchunas. Ben Slavin, global head of ETFs at BNY Asset Servicing (which services 80% of the

GateNews2h ago

Bloomberg Analyst Mike McGlone Flags $75,000 as Critical Bitcoin Level for 2026

Gate News message, April 23 — Bloomberg analyst Mike McGlone has released an assessment of Bitcoin's performance relative to traditional markets, highlighting $75,000 as a critical threshold for BTC in 2026. According to McGlone's analysis, Bitcoin and the S&P 500 have shown similar performance

GateNews3h ago

Bitcoin Eyes $80,000 as ETF Inflows, Whale Buying Support Rally

Bitcoin is trading near $78,400 on Thursday after reaching an intraday high of $79,426 on Wednesday, according to The Block's price data. Institutional flows have supported the advance, with spot Bitcoin ETFs recording $11.8 million in inflows on April 21 as part of a six-day streak, while spot Ethe

CryptoFrontier3h ago

Bitcoin at $81,848 Would Trigger $1.56B in Short Liquidations on Major CEXs

Gate News message, April 23 — According to Coinglass data, if Bitcoin breaks above $81,848, cumulative short liquidations across major centralized exchanges would reach $1.56 billion. Conversely, if BTC drops below $74,105, cumulative long liquidations would total $1.428 billion.

GateNews5h ago
Comment
0/400
JayChou888vip
· 2025-12-20 09:06
View OriginalReply0