A Bank of America strategist is sounding the alarm about the stock market, warning that equities are flashing signals that have often foreshadowed a 20% correction.

In an investor note, BofA’s head of US equity and quantitative strategy, Savita Subramanian, urges investors to “take profits,” warning that she’s seeing “too many red flags” in the market, reports Axios.

“Our bear market signposts — the triggers that typically precede an S&P 500 peak — suggest additional caution may be warranted. Today, 70% of our signposts are triggered, in line with the average observed in prior market peaks.”

Subramanian says the signposts are market condition gauges, including the investor assumption that companies will continue to generate profits at a strong pace in the coming years, as well as relaxed credit conditions. She also highlights that she’s seeing very high dispersion in the performance of stocks with high and low price-to-equity ratios, meaning high-valuation stocks are being rewarded, while low-valuation stocks are being left behind.

“Dispersion has been most pronounced within Tech, where the spread between the best/worst-performing quintiles’ median stock is a whopping +120 [percentage points], the highest since Feb. 2000, which reached +130 [percentage points] ahead of the market peak of March 24, 2000.”

Meanwhile, Morgan Stanley CIO Mike Wilson says he doesn’t believe that the stock market will enter bear territory. He says, “In our view, a correction was inevitable and ultimately healthy if this bull market is going to extend into year-end, which remains our baseline.”

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A Bank of America Securities senior semiconductors analyst is bullish on multiple artificial intelligence (AI) chip companies despite the market’s correction.

In a new interview on CNBC Television, Vivek Arya says that chip companies still have a lot more upside.

Arya believes Nvidia (NVDA), which closed at $208 on Tuesday, may soon soar to $350, a more than 68% increase.

He also predicts Credo (CRDO) will increase more than 7% from its Tuesday close of $234.

Arya’s other top chips trades includes Analog Devices (ADI) with a price target of $460, a more than 13% increase from its $404 value at time of writing, and Texas Instruments (TXN) with a price target of $370, a more than 28% increase from its current value of $288.

Arya believes that the demand for AI-infrastructure is not slowing down, setting chip companies up for future rallies.

“Right now, what we are seeing is that the usage of this [AI] infrastructure is exceptionally high. In fact, the likes of OpenAI and Anthropic, they are trying to buy computing capacity wherever they can find it. There is hardly a single GPU (graphics processing unit) out there that is not 100% utilized. There is no dark GPU. There is no dark compute.”

The analyst also says that AI chips demand will persist over multiple years.

“The important thing the industry is doing is planning for multiple years out. There is already a road map that goes out for the next two or three years, and you have these pools of excellence, whether it is in the specific kinds of memory chips, whether it’s in the specific kind of wafers. For example, there is only one Taiwan semiconductor that is helping provide leading-edge wafers to the entire accelerator industry. When you have that one person who is controlling a lot of this production, it is very hard to double order and create that overbuild. what we are seeing is a combination of very strong demand and very disciplined supply coming to the market … that’s why the cycle is a lot more durable.”

Lastly, the analyst says that several semiconductor companies are undervalued at their current stock prices.

“The three largest companies that I cover – Nvidia, Broadcom, Micron – they are all trading below market multiple right now. This isn’t a case where valuation has gone completely out of control. The growth rates are still able to justify much more upside to these semiconductor stocks.”

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As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead.

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BTC’s Historical Data Points To Longer Correction

On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how close the leading crypto’s market bottom may be.

In a video analysis on X, the market watcher explained that BTC’s deviations from previous all-time highs (ATHs) could serve as key reference points for this assessment. Notably, Bitcoin bottomed 22% from the 2017 peak during the last cycle’s correction. Now, it is trading roughly 14% below the 2021 peak of $69,000, which could suggest the bottom may be approaching.

However, the analyst affirmed that this metric alone “doesn’t represent the mosaic of data that we need to be paying attention to.” He stated that the length of previous bear markets is a crucial indicator to factor in, noting that, historically, Bitcoin bear markets tend to last at least one year, sometimes extending beyond that.

For instance, the flagship crypto took approximately 365 days to complete its full corrective phase during the 2021-2022 bear market. The current pullback has lasted about 240 days so far, which would depart from historical behavior and make it significantly shorter than previous cycles if the bottom is already in or close.

If the current cycle follows a similar timeline to previous ones, BTC could have at least 120 days left in its corrective phase, with the bottom likely occurring around October and the possibility of further extension if the cycle mirrors longer historical patterns.

Bitcoin Bottom Another 20% Below?

The analyst highlighted that while the duration of the bear market is important, the depth of its retracement is another crucial factor. Last cycle, Bitcoin dropped 77%, while it declined 84% during its 2018 bear market.

Nonetheless, the pullback has only reached 53% so far this cycle, suggesting there may still be room for additional downside. Based on this, he emphasized the trend of shallower bear markets, with the correction’s depth progressively diminishing roughly 7%-10% each cycle.

If this pattern repeats, Bitcoin could see a potential retracement near 70% this cycle, placing BTC’s bottom in the high $30,000 range. Meanwhile, if the shallowing trend accelerates toward a 10% reduction, the bottom could form near the low $40,000 region.

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These factors point to a critical period over the next four to five months, the analyst affirmed, in which another leg down of up to 20% remains possible. He noted that similar phases have historically included periods of consolidation followed by additional declines before the final bottom forms.

Ultimately, Rekt Capital asserted that this period is crucial as it lays the foundation for the next bull cycle. “This bear market here (…) precedes an entire period of multi-year upside. And I think that’s why it’s important, as a result, to focus on the importance of this bear market bottoming out period over these next few months because we’ll then see a multi-year period of upside,” he concluded.

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A leading crypto analyst has further expressed their confidence that Dogecoin could be set for a bullish run in the current market cycle. This comes thanks to renewed buyer interest in the coin following its recent drop.

Rising Volume Signals Strong Demand for Dogecoin

In an X post, Crypto analyst Emilio Crypto Bojan described the latest drop in DOGE as a “generational entry” point.  According to Bojan, trading volume began rising soon after the coin hit its low point, suggesting that many investors bought the dip rather than selling.

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The meme coin fell by about 14% to $0.07763 during last week’s high-volatility period, when Bitcoin fell to $59,000. Bojan considers this a perfect moment to buy this coin at a low price.

Since then, DOGE has recovered to around $0.08529. The coin has also maintained strong interest among traders, with a 24-hour trading volume of about $812.7 million and a market value of roughly $14.5 billion.

Analysts are now closely watching the $0.099 price level. This is seen as an important resistance point for Dogecoin. Bojan believes that if the meme coin can move above $0.099 and stay there, it could confirm that buyers have regained control of the market. He expects the cryptocurrency to “pump hard” after reclaiming that level.

Meanwhile, data from Santiment shows that wallets holding between 100 million and 1 billion DOGE have been reducing their holdings in recent weeks. These wallets now control 23% of Dogecoin’s circulating supply. The decline marks the lowest level in five months.

At the same time, wallets holding more than 1 billion DOGE, which are often associated with crypto exchanges, have increased their share of the circulating supply. Their holdings have risen to 47%, suggesting high activity among retail investors.

Bullish DOGE Sentiment Builds Up Among Analysts

Another analyst, Trader Tardigrade, recently pointed to a chart pattern that mirrors Dogecoin’s historic bull cycle. The analyst noted that the coin appears to be repeating the same sequence seen between 2014 and 2017, where the coin went through a long consolidation period, followed by a falling wedge formation and then a breakout.

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During the previous cycle, DOGE rallied by an astonishing 29,000% after the pattern was completed. Trader Tardigrade believes the current market structure looks quite similar, raising expectations that another powerful move could be developing.

Adding to the bullish outlook, Ali Martinez noted that Dogecoin recently reached his target price of $0.0883. He said the meme coin is now testing the lower boundary of its current trading channel, which could determine its next move. 

As long as the coin remains above this support level, the analyst believes a recovery toward $0.1019 and possibly $0.1156 remains likely. At press time, the coin was valued at $0.08522, according to data from CoinMarketCap.

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A crypto analyst has shared a detailed forecast outlining when Bitcoin could regain bullish momentum and climb back toward $100,000. The expert mapped out the asset’s expected monthly price targets throughout 2026, highlighting periods of sharp sell-offs and a potential recovery phase.

While some months point to extreme price declines and market uncertainty, the forecast suggests Bitcoin may gradually rebuild strength and enter a fresh uptrend that could push it back toward six-figure territory.

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Bitcoin Price Forecast From June To September 2026

In an X post published on June 3, crypto market analyst Aralez presented his outlook for Bitcoin in 2026, detailing where he believes the leading cryptocurrency could trade throughout the year. The analyst noted that BTC is still in a strong bear market until a final bottom is reached. According to him, both the second quarter (Q2) and third quarter (Q3) are likely to remain bearish, with Bitcoin set for further declines.

At the time of writing, Bitcoin is trading near $60,000 after shedding more than 17% over the past week. During this period, BTC has struggled under mounting selling pressure, weakening market sentiment, and broader geopolitical uncertainty tied to the ongoing US-Iran conflict. Aralez believes this downturn may not be over, forecasting that Bitcoin could finish June with a major bearish sweep toward the $60,000 level.

Supporting his bearish stance with a well-detailed chart, the analyst expects an even steeper decline for Bitcoin in July. He predicts that BTC could fall to as low as $53,000, marking a drop of more than 11% from the $60,000 support area.

Aralez described the projected move as a major bear trap, where traders are lured into expecting a prolonged breakdown before the market eventually reverses to the upside.

Drawing from this, the crypto expert sees the possibility of a short-lived relief rally by August. He predicted that Bitcoin could rebound into the $65,000-$68,000 range, though that move may end up becoming a significant bull trap, as the analyst’s outlook for next month points to another sharp decline.

Notably, Aralez’s October forecast appears to mark the end of Bitcoin’s bearish cycle. The analyst projects a final market bottom near $46,000, a level representing a decline of more than 23% from Bitcoin’s current price of near $60,000. According to his projection, this capitulation event could set the stage for a broader market recovery later in the year.

BTC Recovery Plan Targets $100,000 By December 

For all of Q4 2026, Aralez forecasts a strong recovery for Bitcoin, with prices potentially climbing back toward $100,000. He predicts this rebound to begin in October, with the price officially breaking out of its current downtrend and steadily moving upward.

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By November, Aralez projects Bitcoin could rally above $85,000, a level that would confirm a renewed bull market. After clearing this resistance, stronger bullish momentum could extend into December, with the analyst suggesting a possible move toward the $100,000 psychological level, representing roughly a 65% gain from current levels. 

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Crypto analyst Crypto Patel has revealed when XRP could rally to between $10 and $20. This came as he commented on the token’s history following its 14th anniversary celebration, noting that it is one of the oldest crypto assets. 

Analyst Reveals When XRP Will Rally To Between $10 and $20

In an X post, Crypto Patel predicted that XRP would trade between $10 and $20 by its 20th anniversary in 2032. The analyst also touched on the token’s history, noting that the XRP Ledger (XRPL) went live on June 2, 2021. As such, it is one of the oldest coins still standing, older than Ethereum and almost every other altcoin trading. 

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Crypto Patel also touched on some misconceptions about XRP. First, he stated that there was no mining as all 100 billion tokens were created at the start. Furthermore, there was never an ICO for the token, and the analyst noted that this is the part the crowd gets wrong. Instead of a public token sale, he revealed that XRP was handed out through giveaways, partner deals, and private sales. As such, XRP doesn’t have an ICO price.

The analyst also noted that XRP exchange trading began in August 2013, with the token trading at around $0.0058. In its first year, the token ranged between $0.005 and $0.01. XRP then rallied to an all-time high (ATH) near $3.84 in January 2018. It is worth noting that it is around this period that it recorded a parabolic rally of 1,400% in a few weeks. 

Analyst Points To The Crash After The SEC Lawsuit

Crypto Patel also mentioned that XRP crashed following the SEC’s 2020 allegations that the token was a security. The token fell to $0.11 within two years, representing a 97% crash from its ATH at the time. However, the token rallied to a new ATH of $3.66 in July 2025 as the SEC and Ripple settled the lawsuit that had lasted for almost five years. 

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The analyst remarked that XRP’s survival for this long is in itself an achievement, seeing as it went from half a cent to almost $4 and then through a multi-year SEC battle. Crypto Patel said that this achievement is the part that gets lost in the noise. He added that despite all that the token has been through, it is still trading just above $1, which represents around a 207x increase from its first exchange listing. 

XRP also currently stands out as one of the tokens with regulatory clarity, as Judge Analisa Torres ruled in the SEC lawsuit that it is not a security. 

At the time of writing, the XRP price is trading at around $1.09, down over 2% in the last 24 hours, according to data from CoinMarketCap.

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XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is designed and it becomes tied to institutional settlement, liquidity routing, and high-value financial transfers.

XRP Commentator Says Market Cap Logic Misses The Point

Most XRP price discussions are based on market cap comparisons and circulating supply figures, which are the same models used to analyze stocks. However, according to an XRP commentator account known as CharuSan, this is a stagnant market cap logic being applied to XRP since it fundamentally misunderstands what the cryptocurrency was built to do.

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XRP is meant to play as a liquidity and velocity asset; therefore, the cryptocurrency’s price should not rise only because investors are buying it on exchanges. Instead, the projection is that XRP’s price will need to be much pushed higher if institutional systems begin using it as a bridge asset for massive transfers that demand deep liquidity within seconds.

Furthermore, CharuSan XRP pointed to the size of global derivatives, stock markets, debt markets, DTCC volumes, FX settlement, banks, OTC markets, and Nostro/Vostro accounts as areas where liquidity demand could come from if they are fully integrated with the XRP Ledger. Therefore, a $500 billion or $1 trillion market cap would still be too small if XRP were expected to support these institutional trading volumes.

XRP Needs To Be $300 At Least

The price target floated by the analyst is that XRP will be mathematically forced to skyrocket to $300 in order to keep the wheels running. Notably, the $300 prediction is tied to a specific condition of full integration of XRP into major financial transfer systems. Once institutional automated software and APIs begin sending large transfer orders into liquidity pools, the market will no longer be guided mainly by small exchange buy and sell orders.

Based on that setup, the main issue would be the amount of available XRP at the exact moment a transfer needs to be completed. If billions of dollars are moving per second, institutions will not search for cheap XRP sitting on a normal order book. The systems would draw from the deepest available liquidity pool, and the unit price would need to rise if available supply cannot support the transfer volume.

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Interestingly, the latest post is part of a series from CharuSan XRP on how XRP could reach $300. In the previous part, he focused more directly on On-Demand Liquidity and the difference between circulating supply and truly available XRP. He gave the example of a $200 billion bank transfer.

If XRP were priced at $20, such a transfer would require 10 billion XRP, which would be difficult to support if the system were handling not just one bank but thousands of banks and institutions at the same time. RippleNet currently has over 300 banking partners, and about 40% are actively using On-Demand Liquidity.

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Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin.

Bitcoin Is Still Inside A Bull Trap

Technical analysis of Bitcoin’s price action is predicting a bearish outlook during a tense moment for the cryptocurrency. Bitcoin has already corrected by over 15% since it reached $82,850 in early May, but technical analysis from crypto analyst Crypto Lens suggests that the downtrend might not end until Bitcoin breaks below $50,000.

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Notably, Crypto Lens’ chart presents the current Bitcoin setup as a cycle transition. The analyst’s roadmap begins from the idea that Bitcoin has already printed its major top near $126,199 in October 2025 and has since been moving through a series of failed recovery attempts.

The first major rejection on the chart is labeled as “Bull Trap #1,” which appeared after Bitcoin failed to hold the upper distribution zone close to the all-time high area between November 2025 and January 2026. From there, the price collapsed into a lower red range in February 2026.

Bitcoin then attempted another bounce in May, but Crypto Lens’ chart marks that move as “Bull Trap #2.” The analyst’s view is that this second trap is now close to completion, with the next expected move being a decline into a lower accumulation zone before the market can begin building toward the next major cycle.

Bitcoin Price Chart. Source: @crypto_lens_ On X

The $42,000 Crash Before The $126,000 Bull Run

The most interesting part of Crypto Lens’ analysis is that the bearish target does not cancel the bullish endgame. The chart shows Bitcoin falling into a blue accumulation range around $42,000 before gradually entering a re-accumulation phase and then a markup stage. Therefore, the analysis is effectively arguing that Bitcoin must go lower first because the current structure still lacks a proper bottom.

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The roadmap also gives the move a longer time horizon that extends outside 2026. The accumulation range around $42,000 is expected to stretch through the middle of 2026, and the re-accumulation box extends into early 2027. The markup phase then points to a recovery across 2027, with the final target breaking above the current all-time high line at $126,100.

At the time of writing, Bitcoin is trading at $69,920, down 3.9% over the past 24 hours after slipping below $70,000 from an intraday high of $72,929. The decline also comes amid news that Strategy sold a small portion of its Bitcoin holdings for the first time since December 2022.

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