An industry panel at the LONGITUDE by Cointelegraph event in Paris discussed the state of the crypto market, suggesting that the bull market has yet to begin. Messari CEO Eric Turner stated that the actual bull market might kick off in the third or fourth quarter of 2025. Michael van de Poppe of MN Capital highlighted that chaotic sell-offs, like the recent drop below $80,000, often precede market reversals, drawing a parallel with the COVID-19 crash when Bitcoin rebounded significantly. Despite positive regulatory moves from the US government under President Trump, including crypto-friendly appointments, immediate capital flows into the market have been stymied by other economic concerns. Experts expressed optimism about future developments and the potential for a sustained uptrend, emphasizing the importance of considering broader market conditions and historical patterns regarding price recoveries.

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