BlockBeats News, December 20th, Fundstrat's Cryptocurrency Strategy Director Sean Farrell, under the umbrella of Tom Lee, stated in the "2026 Cryptocurrency Outlook" report, "While I believe that Bitcoin and the entire crypto market still have strong long-term bullish factors, and the support driven by liquidity is expected to emerge in 2026, we may still need to digest several risks in the first/second quarter of 2026, which may bring more attractive entry points."My baseline assessment is: a more obvious decline will occur in the first half of 2026. Bitcoin may fall to $60,000–$65,000, Ethereum may fall to $1,800–$2,000, and SOL may fall to $50–$75. These price levels will provide better opportunities for positioning before the end of the year. If this assessment proves to be incorrect, I still lean towards maintaining a defensive posture, waiting for confirmation signals of a strengthening trend. Bitcoin's year-end target is around $115,000, and Ethereum's year-end target may reach $4,500.In this framework, the relative strength of ETH will be more pronounced. I believe this is reasonable, as Ethereum has more favorable structural fund flow characteristics, including: no miner selling pressure, unaffected by factors related to MSTR, and relatively lower concerns about quantum risk."





