Recent news shows that a well-known trader, Eugene, has adopted a cautious strategy during the recent rapid rebound of Ethereum (ETH) prices. Although Eugene is optimistic about ETH's short-term surge to the $3800 to $4000 range, he still decided to cash in on profits early. This move has sparked discussions in the market about the future trend of ETH.

According to on-chain data analysis, Eugene's operation this time had a return rate of about 6.14%, with a trading cycle of less than four days. This short-term and efficient trading method reflects the high volatility of the current cryptocurrency market.

Eugene's decisions may contain a prudent assessment of market risks. Although optimistic about the upward potential of ETH, choosing to take profits after a rapid surge reflects the trading philosophy of "taking profit when it’s good." This approach is quite representative in the volatile cryptocurrency market, emphasizing the importance of risk management.

The recent rebound in ETH prices and the strategies employed by traders provide valuable insights for investors. It reminds market participants to be aware of potential pullback risks while seizing opportunities for profit. As the cryptocurrency market continues to evolve, flexible strategy adjustments will be one of the key factors for successful trading.