Arthur Hayes: Bitcoin is more likely to fall to 70,000 to 75,000 first

Arthur Hayes' article suggests that Bitcoin is more likely to first drop to $70,000 to $75,000, and then rise to $250,000 before the end of the year; Maelstrom has increased the staking amount of its Ethena $USDe to the highest level in history, and continues to lock in profits in multiple Altcoin positions; will hold a large cash reserve to buy in when Bitcoin experiences a pullback, and will aggressively build positions in many high-quality Altcoins when they plummet. He believes that the relationship between Trump and Powell has now completely broken down; the TRUMP token symbolizes the approaching market top; the massive monetary easing policies of the US, China, and Japan cannot be triggered before a real financial crisis occurs.