July may become an important turning point for the altcoin market. The capital effect brought by the approval of the Bitcoin ETF has clearly shown that the boundaries between traditional finance and the encryption market are rapidly blurring, and this wave is now expanding into the altcoin space.

In the US market, the applications for Solana, Ethereum Staking, and multi-currency encryption index ETFs have entered the final approval stage, with approval expected in July. This not only represents a breakthrough on the regulatory front but also marks the beginning of mainstream capital officially entering the non-Bit assets sector.

The launch of these new ETFs will bring multiple impacts: institutional funds will no longer be limited to Bitcoin as a single asset; investors can conveniently allocate Solana, ETH yield-bearing assets, and multi-coin combinations; and those high-quality altcoins that have long been undervalued will also have the opportunity for revaluation.

The prosperity of the altcoin market mainly depends on two key factors:

First, there is the capital rotation after Bitcoin's consolidation. Traditional market rules show that when Bitcoin reaches a new high and enters a consolidation period, investment funds often flow into altcoins in search of higher returns. Currently, Bitcoin is stabilizing and fluctuating at a high level, and this condition is basically met.

Secondly, there is the "recognition effect" brought by the ETF. With the approval of SOL and ETH staking ETFs, it will not only attract a large amount of buying but also prompt the relevant ecosystems to be repriced. Areas such as Solana ecosystem, LST tokens, DePIN, and GameFi may receive significant attention as a result.

From the perspective of value investment, the real question is not when the price will drop, but how to discover the true value that is undervalued. Instead of waiting for the ETF to be officially approved before taking action, it is better to identify and seize the trend in advance.

It is worth noting that the current ETF craze is not merely a market bubble, but a structural opportunity brought about by institutional openness. Mainstream capital is preparing to expand from Bit to a broader blockchain world.

July is likely to mark the starting point for the reevaluation of altcoin values. For investors, this is not a time for blindly following trends, but rather a good opportunity for strategic positioning.