Jiang Zhuoer Sells All BTC, Targets $70K-$72K Zone

Highlights

Jiang Zhuoer, founder of the BTC.TOP mining pool, says he sold 100% of his Bitcoin position at roughly $82,050.
He points to weakening ETF inflows and a first outflow as the trigger that turned the price level into a selling opportunity.
Jiang expects Bitcoin to first pull back toward $70,000-$72,000 before any move through the $83,000-$84,000 resistance zone.
He plans to cut losses and re-enter if BTC instead pushes up toward $82,300 without the pullback materializing.

Jiang Zhuoer, the founder of mining pool BTC.TOP and a closely watched voice among Chinese crypto traders, says he has closed out his entire Bitcoin position, selling at a price of approximately $82,050. The call comes at a moment when Bitcoin had been grinding higher, and Jiang's reasoning centers on a shift he sees in the ETF flow data that has underpinned much of the year's rally: capital tracked through Bitcoin ETFs showed signs of weakening, culminating in what he described as a first net outflow, even as the spot price pushed toward the upper end of a roughly $81,500 range.

Jiang's read on the setup is that the combination of fading ETF demand and a price sitting near the top of its recent range created a clean opportunity to exit rather than chase further upside. He noted that the current consolidation phase has lasted only around 13 days so far, which in his view is not enough time for the market to build the momentum needed to break through the more significant resistance band between $83,000 and $84,000. Compounding that read, he pointed to a short-term wick pattern that formed after price pushed above $82,000, a shape he interprets as a signal of exhausted buying rather than a launchpad for further gains.

The Trade Thesis: A Pullback Before Any Breakout

Rather than calling an outright top, Jiang's position amounts to a bet on sequencing: he expects Bitcoin to retrace toward the $70,000-$72,000 zone before it has any real chance of clearing resistance near $84,000. He has described that anticipated pullback as likely representing the last realistic buying opportunity in the current cycle, framing it not as a bearish call on Bitcoin's medium-term trajectory but as a tactical read on where the best entry point sits before the next leg higher. That distinction matters for how the rest of the market should weigh his call: this is a trader repositioning around an expected dip, not an investor abandoning conviction in Bitcoin altogether.

Why Jiang Zhuoer's Calls Carry Weight

As the founder of one of the longer-running Bitcoin mining pools, Jiang occupies a somewhat unusual position in crypto commentary: his background gives him direct visibility into miner behavior and hash-rate economics, areas where he has also weighed in on the industry's broader pivot toward AI and HPC infrastructure revenue as mining margins compress, a shift also visible in Riot Platforms' $9.1 billion Anthropic data-center lease now outearning its Bitcoin mining business. His willingness to publish specific entry and exit prices, rather than vague directional calls, is part of why traders in Chinese-language crypto circles treat his posts as more actionable than typical social-media commentary. He also laid out his own risk management around the call: if Bitcoin instead grinds up toward $82,300 without the expected pullback occurring, he plans to treat that as a signal to cut losses on being out of the market and reassess, rather than stubbornly waiting for the $70,000-$72,000 zone to arrive.

What to Watch Next

The next few sessions around the $81,500-$82,300 band will be the clearest test of Jiang's thesis. A decisive break and hold above $82,300 without a pullback first would suggest his exit was premature, while a slide toward the $70,000-$72,000 range he flagged would validate the call and echo other traders who have already called sub-$76,000 Bitcoin a buy zone or pointed to a $75,500 buy-zone level flagged by Liquid Capital. Beyond the immediate price action, continued weakening in Bitcoin ETF net flows would lend further support to his broader argument that institutional demand is cooling near current levels.

FAQ

At what price did Jiang Zhuoer sell his Bitcoin?
He sold his entire BTC position at approximately $82,050.

What price range does Jiang expect Bitcoin to fall to next?
He expects a pullback to the $70,000-$72,000 range before Bitcoin has a real chance to break through resistance near $83,000-$84,000.

Why did he decide to sell now?
He cited weakening Bitcoin ETF inflows, including a first net outflow, combined with price sitting near the top of its recent range and a short-term wick pattern signaling exhausted buying.

What would change his view?
If Bitcoin rises toward $82,300 without the expected pullback, Jiang says he would cut losses on being out of the market rather than wait for the lower entry zone.