Jiang Zhuoer sells all BTC positions at $82,050, targeting the $70,000–$72,000 range.

According to ME News, on September 4 (UTC+8), Jiang Zhuo'er, founder of the B.TOP mining pool, shared details of his recent trading activities, stating that he sold his entire BTC position at approximately $82,050 per BTC. Jiang explained that his shift from a previous stance of “not shorting ETH” to shorting BTC was primarily due to ETH’s heightened volatility. Additionally, after BTC ETF funds showed signs of weakness and experienced their first net outflow, BTC nevertheless rose to the upper boundary of a trading range near $81,500, creating a favorable opportunity to sell. He also noted that this current consolidation phase for BTC lasted only about 13 days—insufficient time to break through the key resistance levels at $83,000–$84,000. Furthermore, the formation of a bullish pin bar after breaking above $82,000 served as a strong technical signal. Regarding future price movements, Jiang outlined his scenario: BTC will first retrace to the $70,000–$72,000 range, which he views as the “last chance to enter”; it may then oscillate between $76,000 and $82,000 while seeking profit-taking levels. If the price rises further to $83,000–$84,000, he recommends using $82,300 as a stop-loss reference. (Source: BlockBeats)