Although the current market is unfavorable for altcoins, there is still some hope.

If two of the following three conditions are met, we may see a resurgence of the altcoin bull market:

Bitcoin breaks through $100,000: and stays above $100,000 for at least two weeks.

Ethereum staking ETF approval: This will attract off-market funds to focus on the Ethereum ecosystem and other native assets.

Relaxation of crypto regulation, innovation returns: If the on-chain ecosystem experiences a wave of innovation similar to the "DeFi Summer" again, or even sees a few "killer applications," investors' risk appetite may shift towards the higher-yielding altcoin sector.