Jason Huang, founder of NDV, stated that the cryptocurrency market is currently in the late stages of a bear market, with increasing institutional interest, particularly in Asia. He highlighted the approval of Bitcoin spot ETFs as a pivotal moment, redirecting attention towards value assets. The current sentiment, as indicated by the fear and greed index, suggests a shift towards market stability. Huang anticipates a potential market rebound in 2026, driven by the involvement of family offices in regional adoption. This growing institutional engagement is expected to play a significant role in the market's recovery and future growth.