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China founder warns Bitcoin: "Major price fluctuations may be imminent"

2026-09-13 18:17:31
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Jiang Zhuoer, founder of B.TOP Mining Pool: Bitcoin may face a significant correction after leverage liquidation

Jiang Zhuoer, founder of B.TOP Mining Pool, pointed out when evaluating the short-term price trend of Bitcoin that as the market liquidates highly leveraged positions, Bitcoin may experience a significant correction.



Analysis of key points and potential scenarios

According to Jiang Zhuoer's analysis, in the most likely case, Bitcoin will first clear the intensive clearing area above US$76,000. At the same time, Ethereum is expected to also test a clearing area of approximately $2,665 to liquidate a large number of high short positions.

After Bitcoin completed the liquidity cleanup above US$76,000, Jiang Zhuoer proposed two different subsequent development scenarios:

Scenario 1: If Bitcoin does not break below the US$75,000 support level and rebound during the correction, the rally may continue to US$80,000. Jiang Zhuoer believes that prices may even test the strong resistance zone between $83,000 and $84,000. However, he also pointed out that such gains could be followed by larger corrections.

Scenario 2: If Bitcoin loses support at US$75,000, a deeper correction is expected, which may be comparable to the upward trend starting at US$64,000. Jiang Zhuoer predicts that under such circumstances, Bitcoin may fall to the US$70,000 to US$72,000 range and then enter a new stage of the bull market.



Macrocatalysts and investment strategies

Jiang Zhuoer added that next week's upcoming bill vote and the Fed's dynamics will be important market catalysts and may determine the direction of the market. Given this uncertainty, Jiang Zhuoer said he was adopting a strategy that balanced the long and short directions: holding an all-short position in Bitcoin while holding an all-spot position in Ethereum.

Disclaimer : The above does not constitute investment advice.

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