Jiang Zhuoer: Sold his entire Bitcoin position at $82,050, and will monitor the $70,000 to $72,000 range going forward.
59 minutes ago
Jiang Zhuoer, founder of B.TOP (Lianbit Mining Pool), shared his recent trading moves, revealing that he sold his entire BTC position when Bitcoin’s price hit approximately $82,050. Jiang stated that his shift from his prior stance of "not shorting ETH" to shorting BTC was driven mainly by ETH’s high volatility. Meanwhile, after BTC ETF funds showed weakness and recorded their first outflow, Bitcoin instead rallied to near the upper boundary of the $81,500 range, creating a solid selling opportunity. He added that this round of Bitcoin consolidation has only lasted around 13 days, which is insufficient time to break through the key resistance zone of $83,000 to $84,000. The short-term upward wick pattern that emerged after BTC broke above $82,000 also serves as a strong trading signal. For Bitcoin’s future trend, Jiang outlined a scenario: BTC will first pull back to the $70,000–$72,000 range, which he considers the "last entry opportunity". It may then consolidate between $76,000 and $82,000 while identifying take-profit levels. If the price rises further to the $83,000–$84,000 zone, he will use $82,300 as a stop-loss reference.
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