Jiang Zhuoer, founder of BTC.TOP mining pool, predicts the current Bitcoin bear market could bottom out between October and December 2026, with a target price range of $42,000 to $44,000. He notes that the Strategy's mNAV has fallen to 0.72, nearing the previous bear market low of 0.7 in May 2022. This metric typically precedes Bitcoin's price bottom by about six months. Zhuoer also mentioned his current strategy focuses on selling spot and shorting, with plans to switch to buying spot once the anticipated bottom is reached.