BTC.TOP founder and CEO Jiang Zhuoer said he has repurchased all of his previously sold Ethereum position at an average price of $1,645, after fully exiting in the $2,200 to $2,400 range. According to Foresight News, Jiang said that despite completing the buyback, he believes the broader market remains in a downtrend.
He added that Bitcoin has found support near $61,000 twice and has not effectively broken below that level, creating what he described as a short-term need for a technical rebound.
Based on this view, Jiang expects Bitcoin could see a rebound over the next 1 to 3 days. He also said he plans to sell the Ethereum position he just repurchased during the rebound.
BTC.TOP CEO Jiang Zhuoer Buys Back Ethereum at $1,645 Average, Expects Bitcoin Rebound in 1–3 Days
2026-06-05 08:33:44
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