The damage is not great, but the feeling of insult is quite strong!
You say you only bought Ethereum? How's Ethereum doing? It was three thousand then, and it’s still three thousand now.
But did the Ethereum guardians just give up? From April until now, Bitcoin has risen from 70,000 to 120,000 without doubling, while Ethereum has jumped from 1400 to 3000, a far greater increase than double! This time, Ethereum's performance is clearly stronger!
Even more astonishing is that BitMEX founder Arthur Hayes has completely changed his stance, switching from a cautious approach to being a super bull, even throwing out a heavy prediction: the monster-level altcoin season is coming! Ethereum targets directly at 10,000!
It’s worth noting that not long ago, he was still worried that the tightening of the 'Big and Beautiful Act' would crush the market, even predicting that BTC would retrace to around 90,000. The reality slapped him in the face, and the market surged. Last Friday, he candidly admitted on the X platform that he had been too conservative before; now the market environment is clearly different, so he immediately changed his stance to bullish and significantly increased his positions in Ethereum and quality altcoins.
More importantly, the family office Maelstrom he manages had originally liquidated low liquidity altcoins, but is now returning to layout, openly stating that they are preparing to welcome a wave of 'monster-level' altcoin eruptions.
So where does the confidence for this wave of optimism come from?
Several macro signals overlap, forming the market's 'bullish golden triangle':
The expectation for a shift to loose policy in the U.S. is strengthening: whether it’s the new round of tariff discussions by Trump, or the fiscal stimulus from the 'Big and Beautiful Act', both hint at the possibility of a return to monetary easing.
Inflation cooling + interest rate cut expectations rising: Federal Reserve Governor Waller publicly stated that inflation is easing, and a rate cut may be considered in July; this is the strongest catalyst for risk assets, especially Bitcoin.
Bitcoin ETFs continue to attract capital: funds are continuously flowing into ETFs, enhancing stability and mainstream acceptance, boosting overall market confidence.
And why is Ethereum expected to challenge 10,000?
Ethereum has currently firmly crossed the 3000 mark. After breaking through key technical levels, the next targets will be 3500, 4000, or even higher. Bullish sentiment is strong, trading volume is surging, network activity is picking up, and ETF funds are flowing in... Everything indicates that this is not a fleeting moment.
Hayes' viewpoint is also very clear: ETH is not just the 'second-largest coin', it is the core engine of the altcoin season. In every previous altcoin season, Ethereum always leads the charge, driving a surge in on-chain assets.
How do we view the next steps?
I personally feel that we are now in the 'selecting coins' stage, rather than the 'guessing the bottom' stage. Mainstream coins are leading the charge, altcoins are taking off in response, and the market structure is beginning to move towards a virtuous cycle.
The CPI on July 15, the FOMC meeting on July 30, and the U.S. reviewing three major cryptocurrency bills are all key nodes; it is recommended to continue monitoring capital flows and policy expectations.
If you are still hesitating whether to get in, I can only say — this wave of altcoin season might be more intense than you imagine. As Arthur Hayes said: "ETH will reach ten thousand, a monster altcoin wave is about to explode."
What we need to do now is to assess the trend, manage positions well, select the right potential coins, and then quietly enjoy the benefits of the bull market. Don't let 'not understanding' be the reason for missing out on the wealth accumulation cycle.