So since billy killed neuman in last season we knew butcher is going all in he doesn't care bout anything anymore, as of in season 3 butcher turned up against soldier boy to save Ryan but now he's fine to sacrifice Ryan too, atp in series billy might be bigger threat than Homelander who's rn busy in his self glory, but in eps 5 when butcher aggrees to give v1 to star light and kimiko made me feel is butcher again becoming more human, so i have a theory and i love discussing theories,

Theory:

So i feel in next eps butcher will get V1 which some how Homelander will get it, but I can see billy backing and not giving any v1 to kimiko or annie, now I feel that episode will completely revolve around power up of Homelander and how he's actually the GOD, that could also be the reason the eps is called king of hell, but I feel the eps 7 that is the Frenchmen, the women and the man called mother's milk has to be the eps wer Homelander die by the end of mid of the episode and billy goes full antagonist, and kills Frenchie, kamiko and MM than it makes complete sense to name the eps tt, mostly eps 8 blood and bone will be were Hughie and billy Butcher goes 1v1 but what could motivate Hughie enough to kill billy i feel that type of anger will only trigger Hughie if billy kills starlight and leaves him no choice but how does Hughie actually kill billy, well the show seems to have forgotten temp v which can become a way Hughie defeats butcher.

now idk if my theory is even 10% correct but I like to discuss possibilities pls share your theories too.

So how will billy butchers antagonist arc come to an end??