Jiang Zhuoer (江卓尔), founder of the Chinese mining pool BTC.top, stated via X that he views the current market as a bull cycle, and his personal position is effectively fully invested in ETH spot. He added, "Although I have recently engaged in trading by managing some short positions, my fundamental strategy is to hold ETH spot long-term. The short positions are being utilized for hedging purposes to reduce potential losses during market corrections."
