This pullback isn't surprising. What's surprising is that some people still treat every bounce as a fresh takeoff, only to have the bears regain control and shift the entire rhythm.

When I was watching $TAO, I focused on one key point: after consolidating at a high, could the price continue to push higher? But the market's reaction was brutally honest—the higher it went, the weaker the support. I shorted around 270.4, and the bounce lacked strength, actually making the short position more comfortable as it progressed.

Now it's down to 214.1, and this short trade shows a gain of +1004.47%, with the price range clearly expanding. I'm not trying to take it all in one go. I'll lock in profits in batches first, then leave some room to see if it extends further, and I must have a stop in place to prevent turning profits into emotional trading.

The worst thing in trading isn't missing out, but blindly chasing after seeing others make money. If you haven't entered yet, don't rush. Don't chase positions that have already played out. Wait patiently for the next more certain opportunity.

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