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Jiang Zhuoer: Shorted ETH at $2242, and event-driven rebounds in a bear market are all opportunities to add to shorts

By: rootdata|2026/04/08 15:42:01
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The founder of the Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated, "I have shorted ETH at $2242. Trump has messed up, and the US-Iran war is likely to end with Iran controlling the Strait of Hormuz (collecting tolls), which the US does not legally recognize (but tacitly accepts). This is America's Suez Canal moment. (In 1956, Britain lost control of the Suez Canal, which is seen as the end of the British Empire's global hegemony.) The bear market cycle is not over yet; event-driven rebounds are all opportunities to add shorts. There is also a small probability of fighting again. This is a short to medium-term operation, just like last time when I went long at $1850 and closed at $2144."

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