When will altcoins see a turnaround?

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

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

Bitcoin breaks above $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.

Crypto regulation eases, 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 space.