Institutions are singing different tunes in the crypto market, how should we ordinary investors judge?

Recently, the institution Fundstrat has stirred up waves again. Co-founder Tom Lee publicly stated that Bitcoin and Ethereum will reach new highs in January next year. However, upon turning around, the internal research report of the company warned clients to prepare for a deep adjustment in the crypto market in the first half of 2026.

Is this really a duet or a true reflection? Many investors are confused. In fact, this seemingly contradictory phenomenon illustrates the complexity of modern financial analysis - it's not simply a case of either this or that.

Tom Lee is himself a super bullish representative in the industry. This guy is not only confident about the recent performance of Bitcoin and Ethereum, but he also dares to say that Bitcoin can eventually rise to the level of one million dollars. His words are full of optimism for this market.

However, in a contrasting tone, an internal report from Sean Farrell, the head of crypto strategy at Fundstrat, suggests otherwise. In his recent report, he clearly pointed out that there is a significant possibility of a deep correction in the crypto market during the first half of 2026, implying that clients should not get too excited and should be cautious.

On the surface, it does seem contradictory. However, once you understand how the analyst industry operates, things aren't so absurd. Different analysts at Fundstrat each guard different areas, and everyone makes judgments within their own areas of expertise. This division of labor itself can easily lead to discrepancies in short-term and medium-term predictions.