This wave is a typical play: the big players first lift sentiment, then press down the people who end up taking the bait. With $TAO’s repeated surges from the high, it looks powerful, but the actual follow-through in trades can’t keep up—so the push gets more and more hollow, and the more hollow it gets, the easier it is for problems to surface.

I shorted around 270.4. I’m not looking at just one single candlestick—I’m watching the flow and timing of capital. Each time price pushes up, it gets quickly slammed back, which suggests someone above is actively distributing. Once the key level gets smashed through, when the panic selling finally shows up, shorts naturally start taking profits. A lot of people like to wait for the “clear signal,” but by the time that signal appears, the position is often already uncomfortable.

Now the current price is 211.8, and this short is up +1043.65%. The amount of room the market has released is already very clear. After the profits are out, I care more about how to hold them: handle it in 80/20 batches—first lock in the bulk, then keep the remaining small position using a protection level, so that a single rebound won’t throw off the pacing.

You don’t have to absorb every single move in your trades. If you can understand it, execute it, and hold it—that’s enough. If you missed the chance, don’t chase; wait for the next one.

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