According to Dan Held on Twitter, the current state of Bitcoin DeFi adoption is in a 'wait and see' phase, with uncertainty surrounding whether there is sufficient decentralized finance demand in a $2 trillion market (source: Dan Held, Twitter, June 7, 2025). For traders, this cautious sentiment implies limited immediate opportunities for Bitcoin-based DeFi protocols, suggesting investors should closely monitor liquidity trends and user adoption metrics on emerging Bitcoin DeFi platforms before making allocation decisions.