Jiang Zhuoer: BTC's Next Resistance May Be at $83K-$84K, Still Awaiting Major Pullback After This Rally

On September 7, Jiang Zhuoer, founder of mining pool B.TOP, stated on X platform that after selling 100% of his BTC position at $82,050, he has bought back at $79,480 and restored a full position in ETH spot, awaiting gains. He explained that ETH is the engine of this bull market rather than a follower, and an initial rise in ETH may signal BTC to follow. ETFs recorded a record inflow of $730 million on September 3, and against the backdrop of sustained ETF inflows, shorting can only be done for quick in-and-out trades. He believes the next resistance level is between $83,000 and $84,000, which is difficult to break through in the short term and will require at least one to two months of consolidation. He is still awaiting a major pullback after this rally, expecting $76,000 to be highly likely, with a minimum target of the $71,255-$73,361 range, at which point he will use reserve funds to buy back fully.