Happycoin.club – The digital currency landscape is currently less than ideal, with markets opening to a Bitcoin dip down to $86,000, contrasting with the $91,500 peak seen the day before. Consequently, Ethereum, SOL, and XRP also experienced trading nearer to their lower price boundaries.
However, Fundstrat CEO Tom Lee views this latest downturn as predictable, yet maintains his belief that BTC and ETH are poised for another significant surge.
Tom Lee’s assessment is that both Bitcoin and Ethereum are on the cusp of bottoming out, suggesting both digital assets are set to execute a V-shaped recovery.
Based on CoinCodex BTC statistics, Bitcoin is presently targeting the $104k mark.
CoinCodex Data
Our most recent Bitcoin price forecast anticipates an 18.68% increase for BTC, potentially reaching $104,259 by February 27, 2026. Current technical indicators reflect bearish sentiment, and the Fear & Greed Index is registering at 28 (Fear). Over the past month, Bitcoin has recorded 12 green days out of 30 (40%), exhibiting a price volatility of 7.99%.
Regarding ETH statistics, the altcoin is projected to reach the $4780 level, which is expected to alter the overall trajectory of the crypto market.
CoinCodex Data
Our latest Ethereum price projection suggests ETH will appreciate by 69.15%, hitting $4780.03 by March 1, 2026. Current technical analysis indicates bearish sentiment, and the Fear & Greed Index sits at 24 (Extreme Fear). In the last 30 days, Ethereum has seen 14 green days out of 30 (47%), with a price volatility calculated at 9.48%.