BitMEX co-founder #ArthurHayes , who made headlines last week with his pessimistic statements that demoralized crypto investors, has once again stirred up market activity. Just days after announcing that his crypto fund, Maelstrom, had exited all liquid altcoin positions, Hayes has sharply reversed course. Now he's speaking out: "Altcoin season is beginning!"
🔻 Pessimism First: Liquidity Tightening and the Shift to Stablecoins
In an article published last week, Arthur Hayes argued that the US Treasury Department would reduce market liquidity with large-scale bond sales, putting pressure on risky assets. In this context, he announced that his Maelstrom fund had completely exited altcoins and restructured its positions to focus on stablecoins.
Hayes specifically stated that he expected a squeeze that would last until the end of August and that the real altcoin opportunities would come after September.
🚀 Then the Rally: Bitcoin ATH, Ethereum Breakthrough, and New Strategy
However, the crypto markets sent a signal strong enough to prove him wrong. Bitcoin recently surpassed $113,000, reaching an all-time high, while Ethereum broke the $3,000 barrier again, attracting the attention of major players.
Following these developments, Hayes backtracked in a new article, writing:
“In my last article, I was a bit pessimistic because the US Treasury was withdrawing cash from the market. So what changed? Bitcoin reached its ATH with strong volume. $ETH is following suit and will perform even stronger. Get ready for a massive altcoin season.”
📈 Maelstrom Fund Launches Full-Throttle Buy Order
Hayes stated that they cannot ignore this rally and announced that the Maelstrom fund has resumed aggressive altcoin buying. Hayes stated that the expectation that Trump will back down on trade tariffs (TACO) has increased risk appetite in the market, emphasizing that altcoins will experience a significant upward wave in this environment.
🧠 Hayes's Big Predictions: #ETH $10,000 - BTC $250,000
Arthur Hayes's recent predictions are noteworthy:
He foresees a $10,000 price target for Ethereum (ETH) within the year.
He maintains his $250,000 target for Bitcoin (BTC) by the end of 2025.
These predictions reveal Hayes' belief in not only a short-term but also a medium- to long-term bull market.
🪙 Is an #altcoins Season Imminent?
DeFi, AI, and RWA-based altcoins, which have been on the rise in the market led by Ethereum, are said to have the potential for a major altcoin season with increasing institutional interest. Hayes's change of strategy could be a significant signal for many institutional investors.
✅ Conclusion: Arthur Hayes's Return Could Herald a New Crypto Rally
Arthur Hayes's quick change of heart, shifting from a stable stance to aggressive altcoin investment, is being interpreted as a significant sign of confidence in the markets. In this new era, shaped by Bitcoin's record highs and Ethereum's momentum, the "now or never" sentiment is strengthening for altcoin investors.
📢 Hayes' return could usher in a brand new altcoin craze in the crypto market!
