Ethereum Trader Explores Short-Term Profits Amid Price Volatility

Eugene Ng Ah Sio, a prominent Ethereum trader, has outlined his short-term trading approach for this volatile asset. He opened a small position within the current price range between $4,400 and $4,600, intending to capitalize on anticipated fluctuations before taking profits at $4,700. Ng Ah Sio highlights that he’s minimized his risk exposure compared to previous trades due to a reduced risk/reward ratio, even while maintaining a positive outlook. He plans to reassess the market conditions later to determine whether further upward movement warrants new strategic adjustments.