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If Ether manages to reclaim its all-time high in 2026, it may just be a “bull trap,” says crypto analyst Ben Cowen.
Ethereum is unlikely to hit new highs in the coming year, given the current conditions for Bitcoin, says crypto analyst Benjamin Cowen.
“If Bitcoin truly is truly in a bear market, which is what it feels like, it would be kind of hard for Ethereum to go up there,” Cowen said on the Bankless podcast on Tuesday.
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It comes after veteran trader Peter Brandt predicted on Dec. 19 that Bitcoin could fall as low as $60,000 by the third quarter of 2026.