Despite many traders awaiting the traditional “altcoin season” to commence, Arthur Hayes, co-founder of BitMEX, asserts that it has been happening all along. In a recent podcast interview, Hayes emphasized that altcoin market rallies are ongoing and that traders often miss out because they are fixated on past patterns rather than emerging opportunities.
Tickers mentioned: $HYPE, $SOL
Sentiment: Bullish
Price impact: Positive, as Hayes underscores opportunities in ongoing market cycles and specific altcoins that have experienced significant gains.
Trading idea (Not Financial Advice): Consider focusing on emerging altcoins with strong momentum and unique narratives rather than following past winners blindly.
Market context: The commentary aligns with broader market debates on whether institutional adoption and ETF approvals will catalyze substantial altcoin rallies.
While many traders remain hopeful for a traditional altcoin season characterized by Bitcoin leading the way followed by Ethereum and smaller coins, some analysts suggest this outlook may be overly optimistic. Hayes advocates for recognizing the current “season” already in progress, pointing to projects like Hyperliquid, which surged from a few dollars to around $60, and Solana, which rebounded from a low of roughly seven dollars to nearly $300 earlier this year.
Hayes stresses that cryptocurrency markets are dynamic, and traders should be attentive to new narratives and innovations rather than relying solely on historical trends. His perspective suggests that altcoin rallies are ongoing, but often go unnoticed by those fixated on past cycles.
Industry opinions vary, with some experts like CoinQuant’s Maen Ftoui predicting that a broader altcoin rally is unlikely until ETFs providing exposure to smaller cryptocurrencies gain approval. This divergence highlights ongoing debates over the timing and scope of the next significant market move.
This article was originally published as Arthur Hayes Reveals: “Altcoin Season” Is Always Coming! on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.


