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
Iran requires oil tankers to pay Bitcoin tolls for the Strait of Hormuz: where geopolitics and cryptocurrency intersect
Iran has set up a tiered toll system in the Strait of Hormuz, requiring tankers to pay a toll of $1 per barrel in RMB or cryptocurrency. This move is reshaping global energy trade and the cryptocurrency market landscape.
InstantTrends12m ago
Adam Back: Bitcoin’s quantum threat is still far off, but the migration window has already opened
Blockstream CEO Adam Back said in an interview that quantum computers have not yet threatened the Bitcoin network, but the industry needs to prepare in advance by migrating keys to a quantum-resistant format. He mentioned that his research team is pushing forward on related work; post-quantum cryptography has already entered the implementation stage. The challenge faced is how to complete the migration in an orderly way.
GateNews33m ago
BTC up 0.78% in 15 minutes: leveraged capital moves in and spot buy pressure converges to drive the rally
From 2026-04-08 13:00 to 13:15 (UTC), the BTC price recorded a +0.78% return. The price fluctuated between 72067.5 and 72789.2 USDT, with a range amplitude of 1.00%. During this period, market volatility exceeded the usual levels of the same timeframe, trading activity rose noticeably, and overall market attention increased.
The main driving force behind this unusual move was the concentrated inflow of leveraged funds into the futures market. Within the event window, BTC futures open interest (OI) increased by 8.09% in a single day. Spot and derivatives market trading volume rose 12% month-over-month compared with the previous hour, indicating
GateNews47m ago
Iran to Implement Bitcoin Payment for Tanker Transit Tolls
Gate News message, according to the Financial Times, Hosseini stated that Iran will charge tanker transit tolls in Bitcoin. This marks a shift in the country's payment methods for maritime transit fees.
GateNews58m ago
Cango discloses selling 2,000 BTC in March, and its Bitcoin holdings drop to 1,025.69 BTC
Gate News , April 8, U.S.-listed Bitcoin miner Cango released a March operational update report. The report shows that in March, the company produced 27.98 BTC from self-mining and completed a strategic sale of 2,000 bitcoins, with the proceeds used to repay BTC-backed loans. As of the end of March, the company’s outstanding Bitcoin-backed loan total was $30.6 million, and its Bitcoin reserves fell to 1,025.69 BTC.
GateNews1h ago
Bitcoin ETF Sees Bank-Level Players: A Deep Dive into Morgan Stanley MSBT Listing
Morgan Stanley Bitcoin Spot ETF (MSBT) began trading on the NYSE Arca on April 8, becoming the first large commercial bank in the U.S. to launch a Bitcoin ETF. The 0.14% fee rate set a new market low record.
InstantTrends1h ago
