Fundstrat’s Circulating 2026 Crypto Outlook Warns of Pullback

Summary

A report attributed to Fundstrat Global Advisors projects a bearish outlook for cryptocurrencies in early 2026, forecasting significant declines: Bitcoin to $60,000–$65,000, Ether to $1,800–$2,000, and Solana to $50–$75. The document, reportedly authored by Sean Farrell and circulated internally, has not been authenticated or publicly released. This internal guidance contrasts sharply with public remarks by Fundstrat’s Tom Lee, who recently predicted Bitcoin could reach $250,000 within months and described Ether at $3,000 as “grossly undervalued,” suggesting potential targets for Ether as high as $60,000 based on historical ratios. Despite market weakness, Lee’s firm BitMine has continued to accumulate Ether, holding nearly 3.9 million ETH as of December 7, 2023, amounting to over 3.2% of total supply. Fundstrat has not commented on the reported strategy document.

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