Arthur Hayes: Watch ETH to $10,000 by the end of the year
Wu stated that Arthur Hayes, the co-founder of BitMEX, had stated in his latest article, Atención, that Maelstrom was still structured to do more Bitcoin and continued to watch ETH to $10,000, ENA to $0.5 and ETHFI to $2 before the end of the year. His current most important macro-indicator is the euro to the Japanese yen (EUR/JPY), which is expected to fall from about 185 to 140 or lower by June 2027. In his view, this would be a leading sign of a significant increase in the liquidity of the United States dollar. Hayes’s central logic is that if the French banking system shrinks back-purchase market financing in the United States under pressure from debt and financial outflows, it may force the Federal Reserve to increase reserve management purchases (RMPs) to stabilize the United States debt-financing market, expanding at an extreme rate or close to $100 billion a month。
