# Ansem Turns Bearish on Bitcoin, Ether and Large-Cap Stocks By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/41244 Published: 2026-10-26T19:12:23.000Z Updated: 2026-10-26T19:12:23.000Z Section: Investing > He expects sharp moves in both directions in the fourth quarter and says the market could pull back before resuming its rise. Crypto trader Ansem said Monday he is bearish on Bitcoin (BTC), Ether (ETH) and large-cap stocks and expects sharp moves in both directions in the fourth quarter. This week’s Federal Reserve rate decision and company earnings add event risk. His near-term view does not extend to the longer-term market outlook, Ansem said. The market could pull back first and then resume rising, he said, while some on-chain assets may still perform well. Ansem does not expect retail speculation to cool significantly. He also said popular AI stocks made lower highs after a run-up and lost their previous trend. The comments add a near-term caveat to Ansem’s earlier [bullish fourth-quarter view tied to Solana positions](). ## Links in this article - [bullish fourth-quarter view tied to Solana positions](https://www.tokenpost.com/news/investing/26268)