The value of the Fire Beast Pattern Ring does not diminish with leveling up, and it becomes increasingly important.
At Ye Rong's current level, his body has five magic tool slots equipped with eight-step Profound Female Pearl, sixth-order Deadly Centi-Poison Cold Light Barrier, fifth-order Wanmu Jinnang, fourth-order Upper Qing Blessings Order, and seventh-order Empty Purple Wing Wings.
As for the Red Flame God-Slayer Dagger, it has an extremely long cooldown time, and equipping it normally wouldn't be very useful; it can be replaced when needed.
Moreover, when it comes to crucial battles, Wanmu Jinnang and the Upper Qing Blessings Order can be removed, freeing up two more magic tool slots. After reaching level 80, another magic tool slot can be added.
So, in terms of magic tools, he still has a significant gap; if he really has a Fire Beast Pattern Ring, it would at least make up for some of the shortcomings.