$ETH
Jiang Zhuoer (trùm đào BTC) has just strongly shifted his bias to ETH.
But he sold earlier.
If ETH breaks above 2K, he has to buy back around 2,100.
And only the remaining 20–30% in cash is the part worth watching
He said that if BTC comes back to 67–72K, all those USDT will be switched to ETH.
If not, at the latest he will still buy by the end of October.
Jiang also set a scenario for ETH/BTC at 0.1. If BTC is 200K, ETH would be around 20K.
Don’t focus on how bullish he says ETH is.
I just look at the money.
Whether that 20–30% USDT really gets converted into ETH is what’s worth assessing.
Tom Lee is also bullish on ETH, but BitMine is holding up to 5.82M ETH.
People who are sitting on a lot of ETH naturally benefit when the ETH narrative is strong.
Listen to what they say to understand the story.
Watch what they do to know how much they believe.
Jiang Zhuoer (trùm đào BTC) has just strongly shifted his bias to ETH.
But he sold earlier.
If ETH breaks above 2K, he has to buy back around 2,100.
And only the remaining 20–30% in cash is the part worth watching
He said that if BTC comes back to 67–72K, all those USDT will be switched to ETH.
If not, at the latest he will still buy by the end of October.
Jiang also set a scenario for ETH/BTC at 0.1. If BTC is 200K, ETH would be around 20K.
Don’t focus on how bullish he says ETH is.
I just look at the money.
Whether that 20–30% USDT really gets converted into ETH is what’s worth assessing.
Tom Lee is also bullish on ETH, but BitMine is holding up to 5.82M ETH.
People who are sitting on a lot of ETH naturally benefit when the ETH narrative is strong.
Listen to what they say to understand the story.
Watch what they do to know how much they believe.