Arthur Hayes signals start of ‘monster alt season’ as markets flip bullish

Key Points

1. Arthur Hayes initially warned about potential liquidity pressure from the U.S. Treasury's TGA refill but reversed his bearish stance after BTC broke through all-time highs with strong volume.

2. Hayes expects Ethereum (ETH) to take the lead in the ongoing market rally, predicting a strong altcoin season ('monster alt szn').

3. He previously predicted BTC would reach $110,000 by June or early Q3 and now believes the next phase of the cycle is underway.

4. Long-term, Hayes remains bullish on BTC, forecasting it could reach $250,000 by year-end and potentially $1 million by the end of Trump's term in 2028.

5. Altcoins like SEI, SUI, and HBAR have already surged 10-20% in 24 hours, with over 98% outperforming BTC in the current rally.