Jiang Zhuoer: Short ETH at $2,242. In a bear market, event-driven rebounds are all opportunities to add to short positions.

MarsBitNews · 2026-04-08T06:47:25+00:00

Jiang Zhuoer posted on Mars Finance that he shorted ETH at $2,242, analyzing the US-Iran situation and the market bear trend, believing that the current rebound is a good opportunity to add to short positions, and reviewing his trading strategy.

MarsBitNews

2026-04-08 06:47:25

Abstract generation in progress

Mars Finance news: LeBit mining pool (B.TOP) founder Jiang Zhuo’er said in a post, “I have already shorted ETH at 2242 USD. Trump has messed it all up. The U.S.-Iran war will most likely end with Iran holding de facto control of the Strait of Hormuz (collecting tolls), and the United States will not recognize it on legal grounds (but will default to it). This is America’s moment of the Suez Canal. (In 1956, when the UK lost control of the Suez Canal, this is seen as the end of the British Empire’s global hegemony.) The bear market cycle isn’t finished yet; event-driven rebounds are also opportunities to add to shorts. There’s also a small chance of fighting again. This is a mid-to-short-term trade, just like the last time—going long at 1850 USD and closing out at 2144 USD.”

ETH6,63%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes