Arthur Hayes: Sold all HYPE and NEAR positions, will explain reasons next Tuesday

Odaily reported that Arthur Hayes posted on platform X, stating he has closed all his HYPE and NEAR positions. He will explain the reasons in his article "Reality Test" to be released next Tuesday.

Arthur Hayes stated that the Iran war and inventory replenishment will push up energy prices; three major AI companies will go public between now and early Q3; he predicts Trump will turn against AI to help the Republican Party win the midterm elections; he believes the market peak will occur between now and September; now is the time to take profits, allowing one to step away without worrying about holdings.