According to CoinMeta, Jiang Zhuoer, the founder of Leibit Mining Pool, stated in a post that his previous bearish views on the market were "absolutely wrong." He now has 90% confidence that the bear market has ended. He believes that this round of performance for Ethereum ( ETH ) may surpass that of Bitcoin ( BTC ). Jiang Zhuoer mentioned that he bought back the ETH he sold before at the range of $1,738 to $1,931 at a stop-loss price of $2,100, and sold 50% of his position when ETH rose to $2,525, setting a new stop-loss at $2,550. Regarding the remaining 20% to 30% of his reserve funds that he has not yet invested in, Jiang Zhuoer plans to buy them all if BTC falls back to the range of $67,000 to $72,000; otherwise, he will buy them at the current price by the end of October at the latest. He also noted that the current market is still in a strong upward trend, so the probability of a successful attempt to reach a peak this time is relatively low.