Whether there is still a bull market for altcoins is a question that has been discussed in the circle for the past six months.

On the one hand, the VC funds are large, and the entry of new retail investors is less than expected. It is difficult for funds to take over new coins and old tokens that are still alive in the market, resulting in the increase in project valuations in the primary market.

After the token is launched, high FDV and low circulation appear. The last round of bull market was that crypto institutions pledged BTC and leveraged, and then these leveraged funds flowed into the altcoin market, thereby promoting the growth of the overall crypto market value and bringing about the so-called altcoin bull market.

This time, the spot ETF is managed by the custodian, which directly blocked the liquidity of the altcoin market. However, there are still catalysts in July, just like the ETH ETF mentioned above. If it is successfully passed on July 8, it will be the biggest benefit for my wife this year. Not only my wife, but the new trend of SOL spot ETF has brought a newer and clearer logic to attract and create liquidity in the crypto industry.

Whether the altcoins can go against the sky in July depends on whether the SOL ETF is approved. Regardless of whether it is approved or not, how will ETH and ETF perform in the future? The logic and trend of the ETF bull market seem to be unstoppable. The curse will be broken with market changes.

If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, follow me. Junyangli publishes market analysis and recommends high-quality potential currencies every day.

#以太坊ETF批准预期 #meme板块关注热点 #ASI代币合并计划 #非农就业数据即将公布 #IntroToCopytrading