亞瑟·海斯（Arthur Hayes）預測，ETH可以飆升至10,000美元或15,000美元

Bitmex前首席執行官和Maelstrom的現任CIO的最近一次無岸播客的採訪中，分享了一個大膽的

Arthur Hayes, the former CEO of BitMEX and current CIO of Maelstrom, predicts that Ethereum (ETH) could reach $10,000 or even $15,000 as global liquidity regimes shift. In an interview on the Bankless podcast, Hayes shared his insights into the cryptocurrency market.

Bitmex和Maelstrom當前CIO的前首席執行官Arthur Hayes預測，隨著全球流動性制度的變化，以太坊（ETH）可以達到10,000美元甚至15,000美元。海斯在無岸播客的採訪中分享了他對加密貨幣市場的見解。

While many analysts focus on technical factors, Hayes believes that Ethereum's recent rally, which saw ETH surge over 50% in a week, is driven by sentiment and market psychology. According to Hayes, the most hated asset goes up the fastest in the next cycle. He claims that Ethereum had been 'kind of dead' and that Solana had been a better token to own over the last year.

儘管許多分析師專注於技術因素，但海斯認為，以太坊最近的集會在一周內激增了50％以上，這是由情感和市場心理學驅動的。根據海斯的說法，最討厭的資產在下一個週期中最快上升。他聲稱以太坊已經“有點死”，而索拉納在去年擁有更好的代幣。

With the ETH/BTC ratio falling and sentiment towards Ethereum depressed, Hayes feels that a comeback was due. He also noted that capital is pivoting out of U.S. Treasuries, which could create a new era of liquidity in neutral, digital assets.

隨著ETH/BTC的比率下降和對以太坊沮喪的情緒，海耶斯覺得捲土重來。他還指出，資本正在美國國庫中樞紐，這可能會在中立的數字資產中創造一個新的流動性時代。

In this scenario, Bitcoin and gold would be the primary reserve assets, with Ethereum serving as a high-beta beneficiary. According to Hayes, we could be talking about Ethereum at $10,000 or $15,000.

在這種情況下，比特幣和黃金將是主要的儲備資產，以太坊是高β受益人。根據海斯的說法，我們可能以10,000美元或15,000美元的價格談論以太坊。

Despite not personally adding to his ETH holdings recently, Hayes remains long on Ethereum, highlighting the network's emerging fundamentals and growing real-world utility. He mentioned projects like EtherFi and Pendle, which are building interesting and sustainable ecosystems on Ethereum.

儘管沒有親自增加他的ETH持有量，但海耶斯仍然對以太坊持久遠，突出了該網絡的新興基本面和不斷增長的現實世界實用程序。他提到了Etherfi和Pendle等項目，這些項目正在以太坊建立有趣且可持續的生態系統。

In his own portfolio, Ethereum makes up around 20%, positioned as the asymmetric upside play in what Hayes sees as a rapidly evolving financial paradigm.

以太坊在自己的投資組合中佔20％左右，位於海耶斯認為迅速發展的金融範式中的不對稱上行作用。

Although the path of least resistance for Ethereum might be up, Hayes acknowledges that the market could still create a rapid downside move. Ultimately, Hayes believes that Ethereum's long-term upside is not yet priced in by the market.

儘管對以太坊的抵抗力最小的道路可能會出現，但海耶斯承認市場仍然可以創造迅速的下行行動。最終，海耶斯認為，以太坊的長期上行空間尚未被市場定價。