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Jiang Zhuo'er: No longer short ETH but short BTC, analyze the bottoming out period of this round

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B.TOP founder Jiang Zhuo'er stated that he will no longer short ETH but short BTC, and will use WBETH as margin to short an equal amount of BTC spot. Jiang Zhuo'er believes that MSTR will not increase its holdings of BTC for a long time in the future, and BitMine is still buying ETH. Coupled with the development of RWA, BTC and ETH may hit bottom at different times in this bear market. The lowest point of the previous round of ETH was on June 18, 2022, with ETH at $881.56 and BTC at $17622, with an exchange rate of 0.0500; The lowest point of BTC in the previous round was on November 21, 2022, with ETH at $1079.76 and BTC at $15476, with an exchange rate of 0.0698. There is a low possibility that ETH will reach $1505.68 on June 6, 26, in this round. BTC has fallen below the upward channel, and ETH is on the lower edge of the upward channel.

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