PANews reported on March 20 that Arthur Hayes, co-founder of BitMEX, wrote on the X platform: "Powell has fulfilled his promise, and quantitative tightening (QT) basically ended on April 1. Next, if we want to really push the market into a bull market, we must either restore the supplementary leverage ratio (SLR) exemption policy or restart quantitative easing (QE). Bitcoin may be at $77,000, which is possible. However, the stock market may have to go through some more shocks before Jay (Powell) completely turns to the Trump team. So, everyone should be flexible and have cash on hand."