Odaily Planet Daily News Arthur Hayes stated in a newly released article that he has re-entered the cryptocurrency market at its lows and believes it is a good time to pick high-quality altcoins that can outperform Bitcoin in a bull market. He is particularly optimistic about two projects: $PENDLE and $ETHFI. The return of foreign capital and the large-scale devaluation of U.S. Treasury bonds will become the two major catalysts driving Bitcoin to $1 million by 2028. He mentioned that the 2028 U.S. presidential election might bring policy uncertainty, but the current period is crucial for Bitcoin to benefit. Although he believes Bitcoin will rise to $1 million, there are still opportunities for tactical shorting in the short term. He pointed out that capital controls and monetary printing are imminent, but the road ahead is full of uncertainty. The Trump team is not consistent on capital control, so there may be different policy directions.

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