BTC.TOP founder Jiang Zhuoer has reversed his bearish crypto market outlook and is now betting heavily on Ethereum, predicting ETH could outperform Bitcoin during the current market cycle. The prominent Chinese Bitcoin miner previously sold Ethereum between $1,738 and $1,931 and opened short positions to protect against further declines. However, ETHs rapid recovery above $2,000 forced Jiang to close those positions at a loss and repurchase Ethereum near $2,100. He later sold roughly half of his spot ETH holdings around $2,525 while attempting to capture a short-term market peak. Despite… Read more
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