Sean Farrell, Director of Crypto Strategy at Fundstrat, an investment firm led by Tom Lee, presented a cautious but long-term optimistic outlook for the cryptocurrency markets in his recently published “2026 Cryptocurrency Outlook” report.
Farrell argued that a correction period, during which risks will be absorbed, could occur in the first half of 2026, creating more attractive entry levels for investors.
According to Farrell, Bitcoin and the cryptocurrency market in general retain strong upside potential in the long term. While supportive conditions stemming from liquidity are expected to come into play in 2026, some macroeconomic and market risks may put pressure on prices in the first and second quarters of the year. This period, he noted, could offer positioning opportunities, especially for long-term investors.
According to the baseline scenario presented in the report, there is a possibility of a significant pullback in the first half of 2026. Farrell predicted that Bitcoin could fall to the $60,000–$65,000 range, Ethereum to the $1,800–$2,000 range, and Solana to the $50–$75 levels. These levels could provide suitable buying opportunities before the expected recovery in the remainder of the year. If these predictions do not materialize, Farrell stated that he would prefer to maintain a defensive stance until clear signals of a strengthening trend are received.
The report also included year-end expectations. According to Farrell, Bitcoin could reach approximately $115,000 by the end of 2026, while Ethereum has the potential to rise to $4,500.
*This is not investment advice.
