Fundstrat's Farrell sees Bitcoin pullback to $60,000-$65,000, Ethereum to $1,800-$2,000 in H1 2026

Sean Farrell, head of digital asset strategy at Fundstrat, said in a Dec. 20 report he expects a notable downside move in the first half of 2026, with Bitcoin potentially falling to $60,000-$65,000 and Ethereum to $1,800-$2,000, while SOL could retrace to $50-$75. Farrell set a year-end 2026 target of about $115,000 for Bitcoin and suggested Ethereum could reach around $4,500. He noted that under this framework ETH may show relative strength due to more favorable structural flows, including the lack of miner selling pressure, no impact from MSTR-related factors, and comparatively lower concerns about quantum risk.