On June 4, according to HTX market data, following Arthur Hayes' announcement of liquidating HYPE and NEAR at noon today, both tokens experienced a sharp decline: HYPE fell by 5.21%, currently priced at $68.82; NEAR dropped by 6.01%, currently priced at $2.42. Arthur Hayes stated that the reasons for the liquidation will be explained in an article titled 'Reality Check' to be released next Tuesday. In summary: · The Iran war and inventory replenishment have led to rising energy prices · Three major AI projects are set to IPO from now until early Q3 · Predictions suggest Trump will shift to opposing AI to help the Republican Party win the midterm elections · It is believed that the market peak will occur between now and September · It is time to take profits.
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