Jiang Zhuoer Plans Small-Position Altcoin Buys After BTC and ETH Shorts
Leibit Mining Pool founder Jiang Zhuoer said his recent short positions near Ethereum (ETH) at $2,525 and Bitcoin (BTC) at $82,050 were well timed. However, because his core holdings were fully invested in spot ETH, he could not add leveraged long positions when the market reached lower levels. Jiang Zhuoer said he plans to use 5% to 10% positions when bottom-fishing in the future, focusing on smaller cryptocurrencies. He cited BNC as an example, saying he bought near $4.50 on 10 September, close to the low of that decline, before the token continued to rise. The comments describe an individual trading strategy rather than a change in market fundamentals. Traders should treat the levels and BNC example as personal observations, not as confirmed trading signals.
Neutral
The news is neutral because it concerns Jiang Zhuoer’s personal positioning and risk-management plans, not a protocol upgrade, institutional capital flow, regulatory decision, or broad change in crypto market fundamentals. His comments about accurately shorting BTC and ETH could attract short-term attention to those price levels, while the BNC example may encourage speculative interest in smaller tokens. However, the stated 5% to 10% position sizing is relatively conservative and does not provide evidence of broad buying demand. In the short term, traders may use the remarks as sentiment input, but liquidity and volatility in small-cap tokens could amplify any reaction. Similar comments from prominent traders have historically produced temporary social-media-driven moves rather than sustained trends unless supported by volume, derivatives positioning, on-chain activity, or macro catalysts. In the longer term, the message may reinforce disciplined position sizing and staged entries, but it is unlikely to materially affect BTC, ETH, or overall market stability.