Trader Eugene: Long AI-related Token Announcement Failed, Maintaining Short Position Waiting

BlockBeats News, March 19th, top trader Eugene Ng Ah Sio posted on his personal channel, stating, "Attempted to long AI-related tokens but declared failure, strategically retreated, and returned to square one. Currently no trading plans in the near term, maintaining a wait-and-see empty position."

Prior to this, on March 16th, trader Eugene stated that he had tried to buy a small position in some AI-related tokens—on the long-term chart, some altcoins showed signs of recovery, indicating some small-scale rebounds even in a bear market. The tokens of interest include: AI16Z; WLD; VIRTUAL; ARC. "The main reason for choosing AI tokens is that AI-related tokens have experienced an excessive decline (subsequently forming a natural bottom), and Nvidia's GTC conference is about to be held next week. The past effects of this catalyst have always been mixed, but I believe that if a sufficient number of positions are in unfavorable positions, people will always find reasons to go long."