Jiang Zhuo'er: ETF continues to sell off, Coinbase discount intensifies, big moves ahead.

Odaily Planet Daily News: Jiang Zhuo'er posted on the X platform, saying that ETFs continue to be in a sell-off state, and that multiple institutions’ products are seeing synchronized position reductions. The Coinbase market price is showing a clear discount, and the level has fallen back to the range before the major adjustments at the end of January and the end of May. The funding rate remains positive, while futures open interest is at a high level, indicating that leveraged positions are concentrated.

Jiang Zhuo'er added, “Everything points to this: something big is coming.”

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