Eugene: Open a small long position on ETH, looking for short-term opportunities in the $4400–4600 range
ChainCatcher message, trader Eugene Ng Ah Sio posted in his personal channel: "Opened a small long position at this level on Ethereum ------ after taking profit at $4700, it's all about range trading now. Currently, I'm mainly looking for short-term opportunities in the $4400--$4600 range, and then I'll reassess whether to look for higher levels.
It's worth noting that my risk exposure on these trades is significantly smaller than before, as the risk/reward ratio (r/r) on these trades is lower (although still positive)."
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