Ethereum Trader Seeks Short-Term Opportunities Amid Price Fluctuations

According to BlockBeats, trader Eugene Ng Ah Sio recently shared insights on his trading strategy for Ethereum. He mentioned opening a small position at the current level, aiming to capitalize on short-term opportunities within the $4,400 to $4,600 range after taking profits at $4,700. Ng Ah Sio emphasized that his current risk exposure is significantly reduced compared to previous trades due to a lower risk/reward ratio, although it remains positive. He plans to reassess the situation to determine if further upward movement is warranted.