According to ChainCatcher, Peter Brandt, a renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, stated that the Bitcoin market may not have reached its true bottom yet, adding that "the real bottom may not appear until October 2026." He previously predicted that Bitcoin could fall to the $60,000 area in the third quarter of 2026.
Brandt believes that prices may fluctuate upwards in the short term, but could still fall back to the $50,000 high range within the year. Meanwhile, Arthur Hayes points out that Ethereum's price may continue to trade sideways within the current range until dollar liquidity improves. As of press time, Ethereum was trading at approximately $1,941, a drop of over 40% in the past 30 days. However, Michaël van de Poppe, founder of MN Trading Capital, believes that Ethereum is currently in an attractive entry point, emphasizing that stablecoin trading volume has increased by approximately 200% over the past 18 months.
In the prediction market, Polymarket data shows that there is a 41% probability that Bitcoin will fall below $60,000 by the end of February, while the probability of it returning to $75,000 is 29%. In 2026, the probability of Bitcoin returning to $120,000 is 23%, while the probability of it breaking through $150,000 is only 10%. As for Ethereum, the market predicts a 76% probability that it will reach $1,500 in 2026, while the probability of it falling to $1,600 is 23%.
