Jiang Zhuoer Turns Bullish, Calls Ether the Market’s Main Engine

Jiang Zhuoer, founder of Bitcoin mining pool BTC.TOP, has reversed his bearish cryptocurrency outlook, a shift that underscores how quickly sentiment is changing across digital-asset markets. He argues that Ether’s sharp appreciation against Bitcoin signals a rotation of capital beyond the largest cryptocurrency, positioning ETH as the main engine of the current bull market and a key gauge of whether the rally can broaden and persist.

Jiang recently acknowledged that his earlier bearish call was badly mistaken and disclosed records of his personal Ether arbitrage and swing-trading activity. He also assessed how potential Bitcoin sales by Strategy, formerly MicroStrategy, and substantial inflows into spot exchange-traded funds could shape the market’s next phase. The available report did not specify the value or dates of his trades, or quantify the ETF inflows discussed.