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Eugene Revises Approach to AI Tokens Due to Market Volatility

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by Giorgi Kostiuk

4 hours ago


Eugene Ng Ah Sio has decided to revise his trading strategy due to the volatility of AI tokens.

Eugene's AI-Token Trading Halt

Eugene Ng Ah Sio announced the temporary cessation of his AI-token trading. This decision stems from failed attempts at long trading, highlighting current market unpredictability. Eugene decided to adopt a wait-and-see approach.

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.None

Market Reaction to Eugene's Announcement

The immediate market reaction was mixed, with investors cautiously monitoring AI-token movements. Eugene's strategy may influence other traders' approaches to these assets.

Nvidia GTC's Influence on AI-Token Dynamics

Historically, Nvidia's GTC conferences have had varied impacts on AI-token markets. While catalysts discussed at the event may influence outcomes, exact predictions remain challenging.

Analysts suggest exercising caution with AI tokens until further insights emerge post-Nvidia's conference.

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