PANews reported on April 8th that Jiang Zhuoer, founder of BTC.com, posted, "I shorted ETH at $2242. Trump messed up. The US-Iran war will most likely end with Iran gaining control of the Strait of Hormuz (collecting tolls), which the US doesn't legally recognize (but tacitly acknowledges). This is America's Suez Canal moment. (In 1956, Britain lost control of the Suez Canal, which is considered the end of the British Empire's global hegemony.) The bear market cycle isn't over yet; any event-driven rebounds are opportunities to add to short positions. There's also a small probability of another war. This is a short-to-medium-term operation, just like the last time I went long at $1850 and closed at $2144."