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

On March 19th, top trader Eugene Ng Ah Sio posted on his personal channel and said, "I tried to take a long position in AI-related tokens but failed. I strategically retreated and returned to the starting point. Currently, I have no trading plans in the near term and am maintaining a wait-and-see empty position." Before 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 included: AI16Z; WLD; VIRTUAL; ARC. "The main reason for choosing AI tokens is that AI-related tokens have experienced an excessive decline (and subsequently formed a natural bottom). And Nvidia's GTC conference is about to be held next week. In the past, the 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."