Jiang Zhuoer: Fully invested in ETH spot, awaiting a rally; stable consolidation at high levels, a short squeeze could occur at any time.

Jiang Zhuoer, founder of LeBit Mine Pool (B.TOP), stated in a post that inflows into crypto Ethereum (ETH) ETFs have hit a new record high. BTC ETFs recorded an inflow of $242 million today, while ETH ETFs saw an inflow of $234 million. Despite ETH’s total market capitalization being just 18.8% of BTC’s, it absorbed 96.8% of BTC’s inflow volume, reflecting far stronger buying momentum for ETH than BTC. Against the backdrop of sustained capital inflows, the current pattern of "range-bound consolidation with progressively higher lows" is quite stable, and a new upward short squeeze could erupt at any time. He emphasized that one must adhere to trading discipline, resolutely avoid leverage, and even prepare to go long on ETH directly. His current position strategy is: hold all ETH spot without opening short positions, waiting for upside; any additional long positions would mean adding leverage, which would bring liquidation risk.