Expert Warns Clients of Early-2026 Crypto Pullback Despite Bullish Narrative

Source: Coindoo Original Title: Expert Warns Clients of Early-2026 Crypto Pullback Despite Bullish Narrative Original Link: https://coindoo.com/expert-warns-clients-of-early-2026-crypto-pullback-despite-bullish-narrative/ A major research firm is sending two very different messages about crypto’s next chapter, depending on who is listening.

While public commentary continues to paint an optimistic picture for Bitcoin’s long-term trajectory, a separate internal outlook shared with private clients points to turbulence ahead – and a potentially sharp reset in early 2026.

Key Takeaways

• The firm is privately warning clients about a possible crypto pullback in early 2026, despite remaining bullish long term.
• The firm sees macro pressure and rising volatility as triggers for a temporary market reset.
• Bitcoin is expected to lead any downside move, with major altcoins also facing potential declines.

According to an internal strategy note, the research firm is preparing clients for a notable market pullback rather than uninterrupted upside. The firm expects Bitcoin to retrace toward the $60,000-$65,000 zone in the first half of 2026, framing the move as a cooling-off period inside a broader bull cycle, not its conclusion.

The same scenario anticipates broad-based weakness across major altcoins. Ethereum is expected to come under pressure toward the $1,800-$2,000 range, while Solana could revisit much lower territory between $50 and $75. In the firm’s view, Bitcoin would likely absorb the largest shock as liquidity tightens and risk appetite fades.

Why Early 2026 Looks Fragile

Rather than focusing on crypto-specific catalysts, the firm’s caution centers on macro conditions. Analysts highlighted tighter financial environments, unresolved policy risks, and a general pullback in speculative positioning as factors that could weigh on digital assets as the year begins.

Another concern is volatility driven by derivatives markets. Large Bitcoin and Ethereum options expiries are expected to cluster in early 2026, a setup that historically amplifies price swings. The firm sees this combination of macro stress and technical pressure as fertile ground for a temporary but painful correction.

Patience Over Panic

Despite the sober near-term outlook, the internal note does not argue for abandoning crypto exposure. Instead, it stresses discipline. The firm views sharp drawdowns as a recurring feature of bull markets, often setting the stage for the next leg higher.

From this perspective, the projected downside zones are not danger signals but potential accumulation levels. Once volatility fades and macro conditions stabilize, the firm believes the market could regain momentum later in the year.

Why This Clashes With Public Optimism

The private caution stands in clear contrast to the upbeat tone regularly expressed by the firm’s leadership in public forums. The co-founder and head of research has consistently argued that both Bitcoin and Ethereum remain positioned for new highs, recently suggesting Bitcoin could reach a fresh all-time high as early as January 2026.

Public statements have also described Ethereum prices near $3,000 as deeply undervalued, with previous upside targets as high as $5,500. Those statements have helped reinforce bullish sentiment across the broader crypto community.

Markets React to the Split Narrative

The contrast between internal risk guidance and public optimism has sparked discussion among traders. Some see the divergence as confusing, while others argue it reflects a common institutional dynamic.

Public forecasts tend to focus on long-term narratives and confidence-building, while private strategy notes prioritize timing, drawdowns, and capital preservation. In that sense, the two messages may be less contradictory than they appear.

Still, the episode highlights a familiar reality of crypto markets: bullish conviction and defensive positioning often coexist. As 2026 approaches, investors may soon learn whether the quiet warning about a reset proves more relevant than headline-grabbing calls for new highs.