Surprising Statements from Arthur Hayes, Who Previously Expected a Decline: “Get Ready for a Monster Altcoin Season”
Following the remarkable increases in the cryptocurrency market in the last 24 hours, BitMEX co-founder Arthur Hayes made an extremely optimistic prediction for altcoins.
In a post on the X (formerly Twitter) platform today, Hayes claimed that a “monster altcoin season” will begin in the market.
Hayes, who has long maintained a cautious stance, has now completely reversed this view and announced his ultra-bullish outlook. According to Hayes, the primary drivers of this new era will be market indicators and political developments in the US. His statements have resonated widely with both investors and analysts.
Hayes had previously warned that the Treasury General Account (TGA) fill, the US Treasury Department's process of rebuilding cash reserves at the Fed, could pressure risky assets by draining liquidity from the market, which he argued could weaken short-term market sentiment.
However, this week's sudden surges have virtually dispelled these concerns. Bitcoin's consecutive new highs in just two hours prompted Hayes to reassess the market. Hayes noted that Ethereum has also gained significant momentum during the same period, suggesting that the leading altcoin could be the precursor to a strong altcoin season.
Hayes also highlighted market expectations that US President Donald Trump might soften his stance on tariffs. Using the humorous phrase “TACO” (Trump Always Chicken Out), Hayes argued that this policy could also create an environment favorable for risky assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gasoline Prices Rise in Tandem with Election Poll Trends! Goldman Sachs: With 26 Days Left Until the Midterm Election, Probability of a Democratic Sweep Rises to 65%
Goldman Sachs states that the probability of a Democratic sweep has risen to 65%, but polls in red states have historically overestimated their advantage; the rise and fall of oil prices is the decisive variable.

Goldman Sachs continues to be bullish on PJM exposure IPP: Preferred Talen Energy (TLN.US), NRG Energy (NRG.US), and Vistra (VST.US)
FERC has essentially rejected the PJM electricity proposal. Goldman Sachs states that regulatory risks have been disproven and is optimistic about three buy-rated targets: Talen Energy, Vistra, and NRG Energy. The capacity auction price for December is expected to approach the upper clearing limit.

Storage chip profits soar, why did the Korean stock market hit the brakes first? Morgan Stanley reveals the "stock price turning point" in the super cycle
The Morgan Stanley strategy team led by Shawn Kim is most optimistic about the core computing industry chain for AI infrastructure, including GPUs, ASICs, wafer foundry, and advanced packaging. They also favor the optical interconnect and high-performance network infrastructure supply chain. As for memory chips, they adopt a selective allocation approach, focusing on structural growth opportunities and tactical investments in major original manufacturers.

