China's Most Famous Crypto Maniac: 'I'll Buy This Altcoin With All My Assets'

cryptonews.ruPublished on 2026-08-23Last updated on 2026-08-23

Abstract

The most prominent Chinese crypto miner Jiang Zhuo'er, founder of BTC.TOP, has revised his earlier bearish outlook, now expressing 90% confidence that the bear market is over. He predicts Ethereum (ETH) may outperform Bitcoin (BTC) in the current cycle. Jiang detailed his recent trading activity, repurchasing ETH between $1,738 and $1,931 and setting a stop-loss at $2,100, then selling 50% of his spot ETH at $2,525 with a stop-loss at $2,550. He plans to allocate 20-30% of his remaining capital to buy ETH, using the rest if Bitcoin drops to the $67,000-$72,000 range. Otherwise, he intends to purchase ETH at market price by the end of October. Jiang notes the market's strong upward trend makes precise peak prediction difficult.

Jiang Zhuor, one of China's most famous cryptocurrency miners and founder of $BTC.TOP, has significantly reinforced his view that the market may have bottomed, stating that his previous bear market prediction was largely incorrect. Jiang said he is now 90% confident that the bear market is over and that Ethereum ($ETH) could outperform Bitcoin ($BTC) in this current cycle.

Jiang Zhuoer explained that he had repurchased the $ETH he previously sold at prices ranging from $1738 to $1931, setting a stop-loss order at $2100. He then stated that he sold 50% of his spot $ETH at $2525, attempting to predict the market peak, and set a stop-loss order at $2550 for this trade.

The well-known miner stated that he plans to use approximately 20-30% of his reserve funds, which he has not yet deployed to the market, to purchase Ethereum. According to Jiang, if the price of Bitcoin falls to the $67,000–72,000 range, the remaining funds will be used to buy $ETH.

If Bitcoin does not fall to those levels, Jiang stated that he would buy Ethereum at the current market price no later than the end of October. This indicates his plan to fully invest the remaining reserves into $ETH.

Jiang Zhuoer also stated that the cryptocurrency market is showing a sustained upward trend, and therefore, the probability of accurately forecasting the market peak is relatively low.

*This is not investment advice.

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Related Questions

QWhat is Jiang Zhuo'er's revised view on the cryptocurrency market's current state?

AJiang Zhuo'er has significantly strengthened his view that the market may have bottomed out. He stated that his previous prediction of a bear market was largely incorrect, and he is now 90% confident that the bear market is over.

QWhich cryptocurrency does Jiang Zhuo'er believe could outperform Bitcoin in the current cycle?

AJiang Zhuo'er believes that Ethereum (ETH) could outperform Bitcoin (BTC) in the current cycle.

QWhat specific price action does Jiang Zhuo'er plan to take regarding Ethereum?

AHe plans to use approximately 20-30% of his uncommitted reserve funds to buy Ethereum. If Bitcoin's price falls to the $67,000–$72,000 range, he will use the remaining funds to buy ETH. Otherwise, he will buy Ethereum at the market price no later than the end of October, fully investing his remaining reserves into ETH.

QWhat trading strategy did Jiang Zhuo'er employ with his Ethereum holdings, as mentioned in the article?

AHe bought back previously sold ETH at prices between $1,738 and $1,931, setting a stop-loss order at $2,100. Later, he sold 50% of his spot ETH at $2,525 to try and predict the market peak, setting a stop-loss for that trade at $2,550.

QWhat is Jiang Zhuo'er's opinion on predicting the market peak in the current cryptocurrency trend?

AHe stated that the cryptocurrency market is showing a sustained upward trend, and therefore, the probability of accurately predicting the market peak is relatively low.

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