Odaily News Trader Eugene stated on social media that he has taken profit near 4700 dollars, and then attempted to go long on ETH with a small position. The short-term target range is 4400-4600 dollars, and he will reassess whether there is further pump potential after reaching that range. He also emphasized that this position is significantly smaller than before, due to the relatively low risk-reward ratio of the related trade, but it is still positive.
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Trader Eugene: Short-term Light Position bullish on ETH to the 4400-4600 USD range
Odaily News Trader Eugene stated on social media that he has taken profit near 4700 dollars, and then attempted to go long on ETH with a small position. The short-term target range is 4400-4600 dollars, and he will reassess whether there is further pump potential after reaching that range. He also emphasized that this position is significantly smaller than before, due to the relatively low risk-reward ratio of the related trade, but it is still positive.