Jiang Zhuoer, a prominent figure in China's cryptocurrency mining sector, has announced that he is shorting Ethereum (ETH) for short-to-medium-term trading. Zhuoer believes the bear market cycle is ongoing and suggests that any event-driven rebounds are opportunities to increase short positions. He also alluded to potential geopolitical tensions, suggesting that a new conflict could arise, likening the situation to "America's Suez Canal moment." Zhuoer's comments reflect a cautious outlook on the current market and geopolitical climate.