【Arthur Hayes: A Bitcoin breakthrough of $110,000 will trigger altcoin season】 According to Golden Finance and a report by Fortune, Arthur Hayes stated that the altcoin season needs to wait for Bitcoin to break through $110,000 and rise to the range of $150,000 to $200,000, expected to occur in the summer of 2025 or early in the third quarter. At that time, funds will begin to rotate into various altcoins. He revealed that gold accounts for about 20% of his personal investment portfolio and predicts that in the upcoming bull market over the next 18-24 months, ETH's growth may surpass that of SOL. Hayes believes that Bitcoin will reach $1 million before the end of Trump's term (by the end of 2028), with a target price of around $250,000 by the end of this year.