PANews reported on June 15th that, according to The Block, The Funding interviewed several crypto funds regarding their views on whether the market has bottomed out. Most investors believe Bitcoin may continue to decline. A partner at Finality Capital predicts the true bottom will be at the end of Q3 or the beginning of Q4, while an executive at Digital Asset Capital Management holds a "relatively neutral" stance for the next 12 months. The founder of Hypersphere Ventures stated that "there is a general bearish sentiment towards crypto," as other sectors such as AI, aerospace, health technology, and defense technology are more attractive.

Some long-term investors view the current decline as a buying opportunity, with VanEck's head of digital asset investor relations stating that confidence in Bitcoin remains strong. Most funds are not rushing to buy the dip, instead holding more cash and reducing directional exposure, waiting for better opportunities. M11 funds favor DeFi protocols with revenue and strong product-market fit. Regarding new risks, several funds are concerned about Strategy's (formerly MicroStrategy) debt financing and the threat of quantum computing, but some argue that Bitcoin can achieve quantum resistance through upgrades. As for recovery catalysts, interest rate cuts, easing geopolitical tensions, improved liquidity, and progress on the Clarity Act were repeatedly mentioned. The few funds that provided year-end forecasts are not optimistic about Bitcoin breaking $100,000; Hypersphere's founder's baseline expectation is around $55,000, while Finality Capital predicts a bottom between $45,000 and $55,000 followed by a rebound to $65,000 to $75,000.