Arthur Hayes: Buy PENDLE and ETHFI at low levels in the Maelstrom, and there will also be tactical shorting opportunities before Bitcoin reaches 1 million dollars.

On May 15, CEX co-founder Arthur Hayes released a new article saying, "On a macro level, I've done my job as Maelstrom's CIO. I de-risked at the end of January and raised fiat money. Then, from the end of March to the beginning of April, the market is gradually covered up. During the financial market crash during the week of Liberation Day, we went all-in long on our crypto exposure. Now it's time to decide which high-quality shitcoins can outperform Bitcoin in the next phase of the bull market. I believe that this time the market will reward shitcoins that have real users, pay real money for products or services, and the protocol returns a portion of the profits to token holders. Two projects stand out, with Maelstrom buying at the lows, and they are PENDLE and ETHFI. Pendle will dominate crypto fixed income trading, which, in my opinion, is the biggest untapped opportunity in the crypto capital markets. Ether.fi will be the American Express of crypto, a prototype crypto financial institution for wealthy holders. I will comment further on these shitcoins in an upcoming article. Just because I believe Bitcoin will reach $1 million, doesn't mean there won't be opportunities for tactical shorting. Capital controls and money printing are coming, but the road from here to there is bumpy. The Trump team is not entirely supportive of capital controls, so it is expected that those who believe Trump should take the empire in a different direction will regain their footing. Trump has no fixed ideology; He copes with constraints and zigzags to achieve his goals. Therefore, the trend is your friend until it is not."