ChainCatcher message, BitMEX co-founder and Maelstrom Chief Investment Officer Arthur Hayes stated at the end of his latest article that the cryptocurrency market will experience a painful crash around Donald Trump's inauguration on January 20, 2025, before entering the collapse phase of a bull market. Maelstrom (Arthur Hayes's fund) plans to reduce certain positions in advance and hopes to buy 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 acknowledge our misjudgment and will get back in after licking our wounds."