BTC.top Founder Jiang Zhuoer Reopens ETH Long Position at $1,645, Eyes Short-Term Rebound

Jiang Zhuoer, founder of BTC.top, said on X he reopened a long on Ethereum at an average entry of $1,645, after previously closing a similar position in the $2,200–$2,400 range. He framed the trade as a tactical, short-term bet contingent on a technical rebound, citing Bitcoin’s repeated support around $61,000 as a positive market signal. The position size was not disclosed, so direct market impact is uncertain; the move may influence retail sentiment but does not signal a broader shift from the prevailing downtrend. Traders should view it as a short-term directional trade rather than a conviction on ETH’s longer-term outlook.