Eugene: Long on Ethereum with a Small Position, Seeking a Short-term Opportunity in the $4400-4600 Range

By: theblockbeats.news|2025/08/20 05:11:35

BlockBeats News, August 20th, trader Eugene Ng Ah Sio posted on his personal channel: "I have opened a small long position at this level in Ethereum—after taking profit at $4700, I am range trading. Currently, I am mainly looking for short-term opportunities in the $4400-$4600 range, and then will assess whether to continue looking for higher positions."

It is important to note that my risk exposure in these trades is now significantly smaller than before because the risk/reward ratio (r/r) of these trades is lower (though still positive)."

Ethereum Withdrawal Momentum Paused, with a 24-hour Net Inflow of 73,000 ETH to CEX Bitcoin Withdrawal Slowdown, 24h Net Inflow of 2,364.99 BTC to CEX

What is Flare (FLR)? A Comprehensive Guide

Key Takeaways Flare (FLR) is a layer-1 blockchain designed to bring smart contract functionality to networks that don’t…

crypto insight|2025/08/20 14:10:17

What is Artificial Superintelligence Alliance (FET)? A Comprehensive Guide

Key Takeaways Definition and Core Concept: Artificial Superintelligence Alliance (FET) is a cryptocurrency token powering a decentralized network…

crypto insight|2025/08/20 14:10:18

What is Aptos (APT)? A Comprehensive Guide

Key Takeaways Aptos is a Layer 1 Proof-of-Stake blockchain designed for high scalability and mainstream Web3 adoption, using…

crypto insight|2025/08/20 14:10:19

What is Story (IP) Coin? A Comprehensive Guide

Key Takeaways Definition and Core Purpose: Story (IP) Coin, denoted as $STORY, is a digital token that powers…

crypto insight|2025/08/20 14:10:20

What is Ethereum Classic? A Comprehensive Guide

Key Takeaways Ethereum Classic (ETC) is a decentralized blockchain platform that maintains the original Ethereum chain, emphasizing immutability…