A circulating report attributed to Fundstrat Global Advisors has warned of a possible cryptocurrency pullback in early 2026, sparking debate across digital asset markets.
The document, shared widely on social media, outlines downside scenarios that appear to contradict the bullish tone recently struck by Tom Lee.
Screenshots of the report suggest it forms part of an internal 2026 crypto strategy briefing intended for select Fundstrat clients.
According to the material, the first half of 2026 could see a “meaningful drawdown” across major cryptocurrencies before stabilisation later in the year.
Bitcoin (CRYPTO:BTC) is forecast in the document to fall into a $60,000 to $65,000 range during a potential correction phase.
Ether (CRYPTO:ETH) is projected to decline sharply, with downside estimates placing it between $1,800 and $2,000.
Solana (CRYPTO:SOL) is also included in the bearish outlook, with suggested pullback levels ranging from $50 to $75.
The report reportedly frames these declines as possible long-term buying opportunities rather than signals of structural collapse.