BlockBeats News, December 25: According to Cointelegraph, Jeff Mei, Chief Operating Officer of BTSE, stated that if the Federal Reserve keeps interest rates unchanged in the first quarter of 2026, Bitcoin could drop to $70,000, and Ethereum might fall to $2,400. However, the Fed ended quantitative tightening (QT) on December 1 and launched the “Reserve Management Purchases” (RMPs) program, buying approximately $40 billion in short-term Treasury bonds monthly, which some analysts view as “stealth quantitative easing (QE).”
If RMPs continue in the first quarter of 2026, they may inject liquidity and support the prices of risk assets. Jeff Mei predicts that Bitcoin could rise to $92,000 to $98,000, while Ethereum, benefiting from L2 scaling improvements and increased DeFi appeal, might climb to $3,600. Additionally, over $50 billion in ETF inflows and institutional accumulation will further drive the market upward.
