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Trader Eugene: Long AI-related tokens failed, keep short position and wait and see
2025-03-19 04:53

Odaily News Trader Eugene said in his personal channel that his strategy of trying to go long on AI-related tokens failed, and he has tactically withdrawn and is currently keeping a short position and watching. He said frankly, "Every time I try to trade in this range, I will be punished by the market, so I'd better wait and see."
Earlier news, Eugene said that he had tried to buy AI-related tokens with a small position, and believed that some altcoins showed signs of recovery on the long-term chart, and mentioned that the tokens he was concerned about included AI16Z, WLD, VIRTUAL and ARC. He pointed out at the time that the main logic for choosing the AI track was that AI agent-related tokens had naturally bottomed out after a sharp correction, and the upcoming NVIDIA GTC conference might bring market catalysis. However, the market trend did not develop as expected, and Eugene has decided to withdraw from the relevant positions.