Arthur Hayes: Buys 1.9M ETHFI at $0.62

Arthur Hayes bought back 1.9M ETHFI ($1.17M) at $0.62 four hours ago, reversing his sale of 265,461 tokens at a loss four months earlier at $0.44.

With price testing upper Bollinger resistance at $0.64 while RSI sits at 60.4, a healthy retracement to the 50-EMA support at $0.54 appears probable before further continuation on this bullish structure where EMA200 holds at $0.46 and MACD registers a golden cross. ETHFI price prediction models now factor in this accumulation alongside broader crypto market crash risks and AI industry impact on restaking flows.