Arthur Hayes Says There Is "Always An Altcoin Season"
Arthur Hayes, BitMEX co-founder, asserts that altcoin season is ongoing, contrary to traders waiting for a repeat of previous cycles. He argues that those who believe altcoin season hasn't started simply missed out on the tokens that surged. Hayes warns against relying on past patterns, advising traders to adapt and focus on new market narratives and emerging cryptocurrencies. He cites the strong performance of Hyperliquid (HYPE) and Solana (SOL) as examples of successful altcoin rallies during the current cycle. Hayes emphasizes that each cycle features different tokens leading the gains. However, there is debate within the industry, with others suggesting that older cryptocurrencies tied to ETFs will dominate capital inflows in future altcoin seasons, and that broad altcoin rallies may depend on regulatory developments, such as expanded ETF offerings.
