[Arthur Hayes: Target Price for ETH by End of 2026 is Around $5,000] Foresight News reports that BitMEX founder Arthur Hayes stated in his new article 'Situationship' that as credit expansion slows and AI capital expenditures decelerate, Bitcoin will bottom out and begin a long-term upward trend. He mentioned that Bitcoin might hover between $60,000 and $70,000 for a period, with a downside potential of $50,000. His family office, Maelstrom, already holds a significant amount of Bitcoin. At the same time, he believes that the next altcoin narrative over the next six months will be Ethereum. His target price for ETH by the end of 2026 is $5,000, which is 2.6 times higher than its current price. Ethereum has excellent liquidity, so even though it constitutes a large proportion of Maelstrom's portfolio, it can be liquidated within minutes.