Litebit mining pool founder Jiang Zhuoer posted that the previous bearish outlook on the market was “wildly wrong.” He currently has a 90% confidence level that the bear market has already ended, and that this round of ETH’s performance may outperform BTC. Jiang said that the ETH he sold earlier in the $1,738 to $1,931 range was bought back at a stop-loss at $2,100. When ETH rose to $2,525, he sold 50% of the spot position as a test attempt to top the market, setting the stop-loss at $2,550. For the additional 20% to 30% of backup funds he has not yet invested, Jiang plans to buy everything if BTC falls back into the $67,000 to $72,000 range; otherwise, he will buy at the prevailing price no later than the end of October. He also said that the current market is still in a strong uptrend, so the probability of successfully calling a top this time is relatively low.