Jiang Zhuoer Bets on ETH as Next Market Rally Leader

Jiang Zhuoer, founder of BTC.top and an influential figure in China's cryptocurrency industry, has reversed his bearish stance. He now believes that the bear market is likely over, with a confidence level of 90%, and sees Ethereum (ETH) leading the next market rally.

In a recent statement, Jiang attributed his revised view to recent market dynamics and on-chain activity, although he did not disclose specific metrics. His confidence in ETH's potential outperformance suggests a strong conviction that the bear market has indeed ended.

Jiang outlined a clear entry strategy: he plans to begin buying if Bitcoin briefly falls below $72,000 or by the end of October at current prices if no such correction occurs. This disciplined approach balances patience with the risk of missing further upside.