When will altcoins see a turnaround?

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

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

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

ETH staking ETF approved: this will attract off-market funds to pay attention to the Ethereum ecosystem and other native assets.

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