Ethereum Outperforms Bitcoin in Market Cycle Predicts BTC.TOP Founder Jiang Zhuoer
Jiang Zhuoer, founder of BTC.TOP, has had a change of heart about Ethereum's performance in the current market cycle.
He previously held a bearish view but now believes Ethereum could outperform Bitcoin. After closing short positions on ETH at a loss due to its rapid recovery, he holds significant amounts of Ethereum and USDT.
Jiang predicts that if Bitcoin hits $200,000, Ethereum could reach $20,000, reflecting a potential ETH/BTC ratio of 0.1.
His optimism is based on the strengthening ETH/BTC ratio, growing U.S. blockchain support, and increasing tokenization of assets.