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Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated that BTC has fallen as expected, with $76,500 being a key support level (the lower bound of the ascending channel, as well as the Fibonacci 23.6% retracement from the rise of about $57,000 to $82,000). If it falls below $76,500, the decline may accelerate, and the next focus will be whether the previous low of $75,500 can hold.He previously mentioned two possible scenarios: a) a rebound before reaching $75,000, which would make it more likely to rise back to $80,000, or even up to the high resistance area of $83,000 to $84,000, before starting a major correction; b) if it effectively breaks below $75,000, it will trigger a correction corresponding to the original rise from $64,000, expected to reach $70,000 to $72,000, before entering the next phase of a bull market. Jiang Zhuoer believes that the voting on the "Cryptocurrency Market Structure Act" (i.e., the CLARITY Act) next week and news from the Federal Reserve may become key catalysts, thus maintaining a neutral position of full BTC short positions + full ETH spot positions.

Jiang Zhuoer, the founder of Liebit Mining Pool (B.TOP), stated that the most likely scenario for Bitcoin is to first sweep up to the liquidation zone at the 76k high, with ETH simultaneously testing around the 2665 liquidation. After clearing 76k, there are two possible subsequent scenarios: a) a rebound before hitting 75k, which would make it more likely to rise back to 80k, or even touch the high resistance area of 83~84k, before starting a major correction; b) if it effectively breaks below 75k, it will trigger a correction corresponding to the previous rise from 64k, expected to reach 70~72k, before entering the next phase of the bull market.Jiang Zhuoer believes that the upcoming voting on the bill and news from the Federal Reserve may become key catalysts, thus maintaining a neutral position with full BTC short positions and full ETH spot holdings.

The founder of the Liebit mining pool, Jiang Zhuoer, showcased his position combination of "making money even in the wrong direction." He previously stated that he sold 100% BTC positions at $77,226. Using the price reference of 8:29:47, his full BTC short position lost 1.95% from $77,226 to $78,730.74, the full ETH spot gained 5.74% from $2,467.61 to $2,609.31, and the 5% position in BNC spot gained 0.51% from $4.81 to $5.305, with a total profit of approximately 4.3%.

The founder of Liebit Mining Pool, Jiang Zhuoer, stated that he has sold 100% of his BTC position at the price of $77,226.

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that after the release of the latest PPI data in the United States, the probability of the Federal Reserve raising interest rates has risen to 70%. It is expected that tomorrow's CPI data will not be favorable either, and preparations are being made to short.

Jiang Zhuoer, the founder of the Liebit Mining Pool, posted on the X platform stating that Bitcoin is still operating within an upward channel, and a pullback is inevitable.If $82,300 is the previous high before the pullback, the pullback will show a "slow and back-and-forth wide fluctuation" trend. He is more optimistic about a rise to $83,000 to $84,000 before pulling back to $72,000.

According to PR Newswire, Canaan Inc. (NASDAQ: CAN) announced its unaudited financial results for the three months ended June 30, 2026. Total revenue for the second quarter was $31.9 million, down from $62.7 million in the first quarter and $100.2 million in the same period of 2025, with product revenue of $13.6 million, mining revenue of $17.7 million, and other revenue of $600,000.Cost of revenue for the quarter was $61.2 million, resulting in a gross loss of $29.3 million, operating expenses of $40.1 million, an operating loss of $69.5 million, and a net loss of $97.6 million. Non-GAAP adjusted EBITDA loss was $74.9 million. Loss from changes in the fair value of cryptocurrencies was $9.3 million, impairment of property, equipment, and software was $9.2 million, and total inventory write-downs, prepaid expense write-downs, and inventory purchase commitment reserves amounted to $25.3 million.The company's self-operated installed mining capacity (non-joint venture) was 10.05 EH/s, an increase of 23.3% year-over-year, with an all-in electricity cost of approximately $0.043 per kilowatt-hour, mining 243 bitcoins during the quarter. Cryptocurrency reserves reached 1,915 bitcoins and 3,952 ethers. As of September 8, 2026, the company repurchased approximately 16.4 million ADS for a total of $7.4 million. The ABC project holds a 49% stake, with an installed capacity of 4.85 EH/s as of the end of July 2026.

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that Bitcoin has just dropped, and the Coinbase Bitcoin premium remains negative, continuing to incur significant losses. It is expected that tomorrow's spot ETF (i.e., the US stock market trading day) will see capital outflows.ETF data is lagging; trading based on ETF data is akin to driving while looking in the rearview mirror. Although it is inconvenient, the inflow and outflow of ETF funds are very important, so we can only keep an eye on it.

The storage module manufacturer Jiangbolong (301308.SZ) today listed on the main board of the Hong Kong Stock Exchange, with the stock code 09976.HK, at an offering price of 236 Hong Kong dollars per share, forming an A+H dual listing structure.The company globally offered 26.0778 million H shares, of which 2.6078 million shares were for public offering in Hong Kong and 23.47 million shares for international offering, with an over-allotment option. Each lot consists of 50 shares, with an entry fee of approximately 12,151.32 Hong Kong dollars. Based on the highest offering price of 240.60 Hong Kong dollars, the net fundraising amount is approximately 6.02 billion Hong Kong dollars.The prospectus disclosed that in the first half of 2026, Jiangbolong achieved revenue of 24.088 billion yuan, a year-on-year increase of 136.3%, with a gross profit margin rising from 11.0% in the same period last year to 58.2%. The profit for the period was 10.718 billion yuan, compared to 0.041 billion yuan in the same period last year.

Li Bit Mining Pool's Jiang Zhuoer stated that due to improved market sentiment, Ethereum has risen close to its previous high, and Bitcoin spot ETF continued to see inflows from September 3 to 4. Previously, it sold 100% of its Bitcoin position at $82,050 and bought back at $79,480, and has now restored its full position in Ethereum spot.

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that since the significant rise of BTC on August 20, the market has not shown any obvious correction. We are still in the early stages of a bull market filled with distrust and skepticism, and many investors have a deep fear of a crash.The concentrated liquidation area near $76,000 below is larger than the area near $83,000 above. He believes that the market is more likely to reach the lower liquidation zone, and this "magnetic effect" is the main reason he sold all BTC positions at $82,000 the day before yesterday.

Jiang Zhuoer, the founder of the Liebit mining pool, stated that he has sold all BTC positions at $82,050. He mentioned that the decision to short BTC instead of ETH was mainly due to the larger fluctuations in ETH's K-line affecting trading sentiment; at the same time, when ETF funds experienced their first outflow, BTC still rose to the upper edge of the range at about $81,500, which he regarded as a good selling opportunity.

According to on-chain analyst Ai Yi's monitoring, Majic has lost $6.161 million in the past 7 days, gained $4.202 million in the past 30 days, and has a total account cumulative loss of $30.7 million.Currently, Majic still holds long positions in BTC and ETH worth approximately $128 million. Among them, 39,100 ETH long positions have an unrealized loss of $980,000, with a liquidation price of $2,342.78, about $60 away from the current price; 440 BTC long positions have an unrealized gain of $175,000.

Jiang Zhuoer stated that on Friday, Bitcoin spot ETF saw a net outflow of $202 million, ending a nine-day streak of net inflows; Ethereum spot ETF remains strong, continuing with a net inflow of $102 million. He believes that after this round of significant increases, there is a large amount of bear market trapped positions and profit-taking selling demand at the bottom, and whether the price can maintain a high level depends on whether there is enough capital to take over. The flow of ETFs and the Coinbase premium are important indicators to observe the situation of capital absorption.Jiang Zhuoer mentioned that the hawkish remarks from Federal Reserve Chairman Waller had a significant impact on the market, leading to negative key ETF data on Friday and further weakening the weekend market. Currently, BTC is facing its first test since the rise, and the drop in the early morning may be the beginning of a trend decline. He has sold 50% of his ETH spot position during the decline and will continue to observe the weekend trend.

Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated in a post that on the first trading day of U.S. stocks after a weekend surge, ETF fund flows have become a key observation indicator. Data shows that Bitcoin ETF net inflows reached $314 million, while Ethereum ETF net inflows were $180 million. U.S. stock funds are chasing long positions, which means that this round of increases has further confirmed funding, and the probability of Bitcoin falling back below the $67,000 starting point is very low.At the same time, the inflow of funds into the Ethereum ETF is equivalent to 57.2% of Bitcoin, significantly higher than the ETH/BTC total market capitalization ratio of 18.8%. Based on this, he believes that ETH will continue to play the role of the "engine" in this bull market. With Trump significantly embracing blockchain and the advancement of the CLARITY Act, financial assets such as the U.S. dollar, U.S. stocks, and U.S. bonds may further go on-chain, be tokenized, and become smart contract-enabled in the future. He believes this will drive more traditional financial professionals to understand and invest in the related blockchain ecosystem.

Jiang Zhuoer released a historical cycle comparison chart of Bitcoin on platform X, stating that if the low point of this cycle is around $57,800, based on historical cycle trends, the current market adjustment in terms of magnitude and duration is already quite close to the previous three cycles, and a large number of investors may currently be in a "missed out" state.Jiang Zhuoer mentioned that as the market continues to consolidate and fluctuate, the anxiety of investors missing out on the market (FOMO) may gradually intensify. Once capital flows back in, the space for further market decline may be limited. He believes that the subsequent trend may reference the "golden pit" in the market at the end of 2021, at which point a brief buying opportunity during a pullback may arise.

The founder of the Liebit mining pool, Jiang Zhuoer, stated that last week, Bitcoin and Ethereum spot ETFs recorded inflows of approximately $1.92 billion and $700 million, respectively, with the inflow scale of the Ethereum ETF being about 36.4% of Bitcoin's. Meanwhile, the total market capitalization of ETH is currently about 18.8% of BTC, and its ETF inflow proportion is significantly higher than the market value ratio of the two.Jiang Zhuoer indicated that stronger relative capital inflows may be one of the factors for ETH's recent price increase outpacing BTC, with ETH's maximum increase this round being approximately 35.9%, higher than BTC's 26.6%. Additionally, as the United States promotes legislative structures for the crypto market and asset tokenization, the development of RWA may further enhance market attention on smart contract public chains.

Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated in a post that around 13:10 Beijing time today, a small flash crash occurred across the entire market, with BTC, ETH, and various altcoins showing significant price spikes, and even non-crypto assets like crude oil experienced short-term violent fluctuations. It is advised not to use a unified account to hold a large number of high-leverage altcoin long positions simultaneously, as in a joint margin model, if a certain cryptocurrency suddenly crashes by 50%, it may lead to insufficient margin in the account, triggering the forced liquidation of other assets in the account.If engaging in high-leverage altcoin trading, it is recommended to use a isolated margin model to separate positions, avoiding the extreme market conditions of a single cryptocurrency from affecting the entire account. Although isolated margin trading is relatively cumbersome, at least in the event of extreme market conditions, "if one blows up, it only blows up one," which can reduce the risk of the entire account's assets being instantly wiped out.

The founder of the Liebit mining pool, Jiang Zhuoer, stated that his previous bearish judgment on the market was incorrect. He currently has a 90% confidence that the bear market has ended and believes that this round of ETH will become the main driving force of the bull market, potentially outperforming BTC.In terms of operations, Jiang Zhuoer mentioned that the ETH sold previously at $1738 to $1931 has been bought back at $2100 with a stop-loss, and he sold 50% of the spot when ETH rose to $2525 to test the peak, with a stop-loss set at $2550. For funds that are still in a state of missing out, Jiang Zhuoer plans to buy in fully if BTC falls to the range of $67,000 to $72,000; otherwise, he will buy at the current price by the end of October at the latest. He believes that compared to predicting the market, execution and risk control are more important in trading, which means "hold on if you're right, cut losses if you're wrong."