Chinese Crypto OG Says Bear Market Likely Over, Sees ETH Leading Next Rally

BitcoinWorld Chinese Crypto OG Says Bear Market Likely Over, Sees ETH Leading Next Rally Jiang Zhuoer, founder of the Bitcoin mining pool BTC.top and a well-known early figure in China’s cryptocurrency industry, has reversed his previous bearish stance.

In a recent statement, he said he is now 90% confident that the bear market has ended and that Ethereum (ETH) is poised to lead the next market rally, potentially outperforming Bitcoin (BTC).

From Bearish to Bullish: A Notable Shift Jiang had earlier expressed caution about the market’s direction, but his latest comments mark a significant change in outlook.

He attributed his revised view to recent market dynamics and on-chain activity, though he did not disclose specific metrics. His confidence level of 90% suggests a strong conviction, but he also acknowledged the possibility of a short-term pullback.