Crypto analyst Ben Cowen forecasts that Bitcoin and Ethereum will remain range-bound until the summer of 2026, citing the Federal Reserve's interest rate policies. Cowen suggests that significant rate cuts are unlikely until after a potential stock market downturn. He highlights that the last Bitcoin cycle concluded in October without a bullish breakout, constrained by a 4.33% federal funds rate. Cowen also draws parallels between Ethereum's chart and Tesla's 2024 pattern, predicting Ethereum could reach $5,300 if Bitcoin hits $100,000 and the ETH/BTC ratio reaches 0.053. However, he warns of a potential sharp decline for Ethereum later in 2026.