Arthur Hayes: Bitcoin will hit bottom and rise, ETH target price of $5000 by the end of 2026

BitMEX founder Arthur Hayes stated in his article "Situation" that as credit expansion and AI capital expenditures slow down, Bitcoin will hit bottom and begin a long-term upward trend, with prices hovering between $60000 to $70000 and a downward potential of $50000. Maelstrom already holds a large amount of Bitcoin. He believes that within the next six months, the narrative of altcoins will be Ethereum, with a target price of $5000 for ETH by the end of 2026, which is 2.6 times higher than the current price. Ethereum has excellent liquidity, and Maelstrom can close positions within minutes.