Top Trader Eugene Ng Ah Sio Confirms Long Position on Ethereum with Key $2380 Stop-Loss Level

Ethereum trading activity has garnered attention following insights from renowned trader Eugene Ng Ah Sio. In a recent update on his personal channel, Ng disclosed a strategic long position on Ethereum, emphasizing a meticulously placed stop-loss at the $2380 mark. This level corresponds to the morning’s low tail point and aligns with the mid-term range bottom retest, underscoring a robust technical framework. Market participants should note that such precise risk management reflects a disciplined approach to navigating crypto market volatility. Ng’s analysis highlights the importance of technical indicators in formulating trading strategies, particularly within the Ethereum market. Investors are advised to monitor these critical support levels closely, as they may influence short to mid-term price movements. This development reinforces Ethereum’s ongoing relevance in the digital asset space, with technical structures providing actionable insights for informed decision-making.

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