There are only a few points that can elevate altcoins to a new level:
The first is definitely that Bitcoin breaks above 100k and can stabilize above 100k for more than two weeks.
The second is the approval of Ethereum's staking ETF, prompting off-market funds to pay attention to the Ethereum ecosystem and other blockchain-native assets.
The third is the relaxation of crypto regulations, leading to another wave of major innovations on the chain, similar to the DeFi summer of years past, preferably with a few killer applications emerging. This way, funds will naturally shift from a defensive posture to an offensive one, and financial leverage will reopen.
As long as two of these three conditions are met, the altcoin bull market we are familiar with will return!
