TechFlow News, June 5: Jiang Zhuo’er, founder of Litecoin mining pool Litepool, stated that he repurchased all previously sold positions at $1,645. He noted that the prior sell-off occurred within the $2,200–$2,400 range.
He also remarked that the market remains in a downtrend; however, since the $61,000 level has held twice without being breached, a rebound is expected. He plans to resume selling after this rebound, which is anticipated within the next one to three days.
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