PANews reported on June 5th that Jiang Zhuoer, founder of BTC.com, posted on the X platform that he had bought back all of his previously sold Ethereum positions at an average price of $1645. He had previously cleared his positions in the $2200 to $2400 range. He believes that Bitcoin is still in a downtrend, but since it failed to break through $61,000 twice, there should be a rebound. He expects to continue selling after the market rebounds within 1-3 days.