Arthur Hayes, co-founder of BitMEX, stated that the market is in the early stages of a super bull market and needs to overcome a wall of various concerns. In 2017, there was a dispute over block size; in 2020, there was an epidemic; in 2023, there was the collapse of FTX and the central bank's interest rate hike; and in 2026, there was panic caused by AI encryption technology. The printing wave will eventually arrive, and asset prices will skyrocket.