Chinese mining pool founder sees start of bull market, fully allocated to ETH spot

BTC.top founder Jiang Zhuoer, who has Chinese roots, said on X the market is now in a bullish cycle and his personal position is effectively fully allocated to spot ETH. Jiang added that he recently traded using some short positions, but his core strategy is to hold spot ETH for the long term, using those shorts as a hedge to reduce losses during market pullbacks.