[Arthur Hayes: Altcoin Season Is Always Happening, Misjudged by Investors Not Holding Rising Assets] Arthur Hayes stated that altcoin season is always occurring, and investors believe it hasn't arrived simply because they do not hold the rising assets. Arthur Hayes pointed out that many traders still expect a repeat of past patterns and advised paying attention to new developments in the market. Arthur Hayes cited Hyperliquid as the best example of this cycle so far, with the token HYPE rising from $2–$3 to $60, and also mentioned Solana's increase from $7 to nearly $300. Arthur Hayes emphasized that altcoin season has already happened, but some investors have not participated.