Markets move in cycles, and according to analyst Geoff Kendrick of Standard
Chartered, the current correction phase may not last forever. He believes that once prices clearly establish a solid bottom, 2026 could bring a steady recovery across major cryptocurrencies.
Kendrick recently adjusted his year-end projections, taking a more cautious stance compared to his earlier bullish outlook. He now sees Bitcoin potentially reaching $100,000 instead of the previously expected $150,000. For Ethereum, his revised target stands at $4,000, down from $7,500. He also trimmed expectations for Solana, reflecting the broader uncertainty in the market.
This shift does not signal long-term pessimism. Instead, it suggests a more measured recovery path. After periods of heavy volatility and investor caution, markets often rebuild confidence gradually. If macro conditions stabilize and liquidity improves, digital assets could regain strength over time.
For investors, the key message is patience. Bottom formation phases can be slow and frustrating, but historically, they have laid the foundation for the next upward trend.
