Jiang Zhuoer Rebuys Ethereum at $1,645, Signals Short-Term Ethereum Recovery Trade

Ethereum market sentiment received a fresh boost after Bixin Pool CEO Jiang Zhuoer revealed that he had repurchased his Ethereum holdings at an average price of $1,645, betting on a near-term rebound despite maintaining a bearish outlook on the broader crypto market. The move has attracted significant attention from traders looking for clues about Ethereum’s next direction amid heightened volatility across digital assets.

According to reports, Zhuoer previously exited roughly half of his Ethereum position at prices ranging between $2,200 and $2,400 before buying back the cryptocurrency after the recent market correction. He stated that the repurchase was not a sign of renewed long-term bullishness but rather a tactical trade designed to capitalize on a potential short-term bounce.

Why Jiang Zhuoer Bought Ethereum Again

The veteran crypto entrepreneur believes the broader market remains in a downtrend. However, he pointed to Bitcoin’s ability to hold support near the $61,000 level on multiple occasions as evidence that a temporary relief rally could emerge within the next one to three days. Based on that assessment, Zhuoer repurchased his Ethereum position and indicated that he plans to sell again once the anticipated rebound materializes.

His strategy reflects a growing trend among experienced crypto investors who are focusing on short-term opportunities rather than making long-term directional bets in an uncertain macroeconomic environment. Rising geopolitical tensions and risk-off sentiment have pressured both traditional and digital asset markets in recent weeks, creating sharp swings in cryptocurrency prices.

Ethereum Price Outlook Remains Uncertain

Ethereum has faced considerable selling pressure during the latest market downturn. Market analysts note that ETH has struggled to maintain key support levels as investors reduce exposure to risk assets. Despite the weakness, some traders believe the recent decline may have created an oversold condition that could support a short-term recovery.

Zhuoer’s purchase at $1,645 suggests that he views the current price range as attractive for a short-term trade. However, his willingness to exit the position after a brief rally highlights ongoing concerns about Ethereum’s longer-term trend. Rather than signaling the start of a new bull market, his comments suggest that he sees the expected rebound as a technical bounce within a broader bearish structure.

What Ethereum Traders Should Watch Next

The coming days could prove critical for Ethereum’s short-term direction. Traders will be closely monitoring Bitcoin’s ability to maintain support and whether broader market sentiment improves. Any sustained recovery in Bitcoin could help lift Ethereum and other major altcoins.

At the same time, investors remain cautious due to recent examples of large-scale Ethereum transfers and selling activity by major holders, which have contributed to market uncertainty. Significant on-chain movements and macroeconomic developments may continue to influence price action across the cryptocurrency sector.

Conclusion

Jiang Zhuoer’s decision to repurchase Ethereum at $1,645 has reignited discussion about a potential short-term recovery in the second-largest cryptocurrency. While the Bixin Pool CEO remains bearish on the broader market outlook, he believes a temporary rally could emerge over the next several days. For Ethereum traders, the move serves as a reminder that even in a declining market, short-term opportunities can arise as volatility creates tactical trading setups. Whether the anticipated rebound develops into a stronger recovery or merely a brief relief rally will likely depend on Bitcoin’s resilience and broader market sentiment in the days ahead.