Arthur Hayes: It is expected that the market will plummet around January 20th, Maelstrom will reduce positions in advance
On December 18th, Arthur Hayes stated in his latest article that before entering the crash phase of the bull market, the cryptocurrency market will experience a painful plunge around Donald Trump's inauguration on January 20, 2025. Maelstrom (Arthur Hayes' fund) will reduce some positions in advance and hopes to buy them back at a lower price sometime in the first half of 2025. Arthur Hayes added: "If the market forcefully breaks through around January 20, we will also admit our prediction was wrong and get back on board after licking our wounds."
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