Jiang Zhuoer: 90% sure the bear market is over, ETH may outperform BTC in this round

Comparing news, Jiang Zhuoer, founder of Libitt Mining Pool, wrote that his previous bearish judgment on the market was wrong. Currently, 90% are convinced that the bear market is over, and believes that this round of ETH will be the main driving force of the bull market, and the performance may surpass BTC.

On the operational side, Jiang Zhuoer said that ETH previously sold at $1,738 to $1931 had been bought back at a stop loss of $2,100, and sold 50% of the spot to try to peak when ETH rose to $2,525, and the stop loss was set at $2,550.

As for the funds that are still in short supply, Jiang Zhuoer plans to buy all BTC if it falls back to the $67,000 to $72,000 range; otherwise, buy it at the current price by the end of October at the latest. He believes that compared to predicting the market, what is more important in trading is execution and risk control, that is, “hold the right, stop loss by mistake.”