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Altcoin season never ended, traders just missed the winners: Hayes

Cointelegraph
BitMEX co-founder Arthur Hayes argues that an altcoin season is always happening, but traders miss it by expecting past winners to repeat.

Summary

BitMEX co-founder Arthur Hayes asserted that an altcoin season is perpetually underway, stating that traders who claim it hasn't arrived simply failed to own the assets that appreciated. He cautioned against expecting the current cycle to mirror previous ones, urging traders to adjust their strategies and focus on new market narratives and performers rather than historical trends. Hayes cited Hyperliquid and Solana as examples of recent significant altcoin gains. This view contrasts with others in the industry, such as CoinQuant CEO Maen Ftoui, who believe capital will concentrate in older cryptocurrencies with ETF prospects during the next major rally.

(Source:Cointelegraph)