A circulating report attributed to Fundstrat warns of a potential crypto drawdown in early 2026, setting downside targets for Bitcoin, Ether and Solana.
A circulating report attributed to Fundstrat Global Advisors has outlined a bearish outlook for cryptocurrencies that appears to clash with Tom Lee’s recent public comments.
According to screenshots shared on X, the document, which appears to be Fundstrat’s internal 2026 crypto strategy guidance, warns of a “meaningful drawdown” in the first half of 2026. The report sets downside targets of Bitcoin (BTC) falling to $60,000–$65,000, Ether (ETH) dropping to $1,800–$2,000, and Solana (SOL) declining to $50–$75 before potentially presenting buying opportunities later in the year.
The material has not been publicly released by Fundstrat, and its authenticity has not been independently confirmed by Cointelegraph at the time of publication. However, multiple crypto-focused accounts, including Wu Blockchain, claim the document was distributed to internal clients.
