[Jiang Zhuoer: Shorted ETH at $2242, Event-Driven Rebounds in a Bear Market Are All Opportunities to Add Shorts] BlockBeats News, April 8 – Jiang Zhuoer, founder of BTC.TOP mining pool, stated in a post, 'I have shorted ETH at $2242. Trump messed up, and the U.S.-Iran conflict will most likely end with Iran effectively controlling the Strait of Hormuz (charging transit fees), which the U.S. will not legally recognize (but tacitly accept). This is the U.S.'s "Suez Canal moment." (In 1956, Britain lost control of the Suez Canal, marking the end of the British Empire's global dominance.) The bear market cycle is not yet over, and event-driven rebounds are all opportunities to add shorts. There is also a small probability of the conflict reigniting. This is a short- to medium-term operation, just like last time when I went long at $1850 and closed at $2144.'