Fundstrat 2026 Crypto Outlook Predicts Pullback (48 characters)
Fundstrat’s 2026 Crypto Forecast Signals Early Pullback
A leaked internal report from Fundstrat Global Advisors presents a cautious perspective on the cryptocurrency market for 2026, predicting significant price declines in major assets during the first half of the year. This view sharply contrasts with the optimistic predictions recently voiced by the firm’s managing partner, Tom Lee.
Screenshots circulating on social media platform X indicate that this document serves as Fundstrat’s 2026 cryptocurrency strategy guide for internal clients. It cautions investors about a substantial market correction, identifying specific price targets for leading cryptocurrencies as potential entry points for accumulation later in the year.
The report projects Bitcoin dropping to the $60,000–$65,000 range, Ethereum falling to between $1,800 and $2,000, and Solana declining to $50–$75. These levels are positioned as attractive buying opportunities following the anticipated downturn.
Although Fundstrat has not officially published this material, several prominent cryptocurrency accounts on X, such as Wu Blockchain, have shared it, asserting that it was disseminated to the firm’s clients. Cointelegraph has been unable to independently verify the document’s authenticity as of this writing and has sought comment from Fundstrat without a response at publication time.
The strategy outline is reportedly authored by Sean Farrell, who leads digital asset strategy at Fundstrat, rather than Tom Lee, the firm’s head of research.
Tom Lee’s Bullish Counterpoint on Ethereum and Bitcoin
This bearish projection diverges notably from Tom Lee’s recent public appearances. During Binance Blockchain Week in Dubai earlier this month, Lee forecasted Bitcoin potentially surging to $250,000 in the near term. He described Ethereum, trading around $3,000, as profoundly undervalued.
Lee suggested that if Ethereum reverted to its historical eight-year average ratio relative to Bitcoin, its value could climb toward $12,000. Achieving 2021’s relative strength levels might push prices to approximately $22,000, while an ETH/BTC ratio of 0.25 could elevate valuations beyond $60,000, per his analysis.
Earlier in November, Lee expressed confidence that Ethereum is initiating a trajectory akin to Bitcoin’s remarkable growth since 2017, where BTC’s price increased over 100-fold. He emphasized, “We believe ETH is embarking on that same Supercycle.”
BitMine’s Aggressive Ethereum Accumulation
Lee’s associated firm, BitMine, has demonstrated strong conviction in Ethereum by continuing to amass the asset amid broader market uncertainties. According to a disclosure dated December 8, BitMine held nearly 3.9 million ETH as of December 7, having acquired over 138,000 ETH in just one week. This stake now constitutes more than 3.2% of Ethereum’s circulating supply, underscoring significant institutional interest despite prevailing fears.
