Jiang Zhuoer: 90% Sure the Bear Market is Over, ETH May Outperform BTC
Jiang Zhuoer, the founder of the Liebit mining pool, stated that the market's bearish judgments were mistaken, and he is 90% confident that the bear market has ended. He believes that ETH will be the main driving force in this bull market and may outperform BTC. Jiang mentioned that he had previously sold ETH at prices between $1738 and $1931, which he has since bought back at $2100 to stop losses, and sold 50% of his holdings when ETH rose to $2525, setting a stop-loss at $2550. For funds that are still on the sidelines, Jiang plans to buy in fully if BTC falls to the range of $67000 to $72000; otherwise, he will buy at the current price by the end of October at the latest. He emphasized that in trading, execution and risk control are more important than predicting market trends, stating, "If you're right, hold on; if you're wrong, cut losses."
-- Price
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