BTC.top founder shorts ETH, says Trump ruined the situation

Jiang Zhuoer, founder of the Chinese Bitcoin mining pool BTC.top, announced on X that he has opened a short position on Ethereum (ETH) at an average entry price of $2,242. He stated that U.S. President Donald Trump has ruined the situation. Jiang believes the conflict will likely end with Iran maintaining control of the Strait of Hormuz through tolls, an outcome the U.S. will tacitly accept, drawing a parallel to the past Suez Canal crisis. He added that the bear market cycle is not over and that market rebounds driven by such events are opportunities to increase short positions, while noting there is a low probability of war breaking out again.