This short position has finally paid off; the market is very straightforward. $TAO previously kept hitting a high but couldn't break through. Many were still waiting for a breakout, but what I was watching was not the surge itself, but whether there would be follow-through after the surge.



What really confirmed it for me was that upper wick. The price hit a high but was immediately pushed back down, and the structure clearly changed. After entering the short at 274.6, I didn't rush to act; I was waiting for this wave of downward release. Now the price has reached 209.1, and the profit has reached +1148.7%. This is not luck; it's the realization of the rhythm after high-level resistance.

There were also pullbacks in between; many people would be scared out, but as long as the key level wasn't reclaimed, I held on. In simple terms, once the shorts have the initiative, as long as the rebound doesn't hold steady, it's just confirmation for the position.

My approach now is simple: I will take partial profits on 80% in batches, and keep the remaining 20% with a protective stop to see how far it extends. The profit is already in, and I can't let a pullback disrupt the rhythm. For those who haven't entered, don't rush. Don't chase the rebound; wait for the next opportunity.

$BTC $ETH
TAO5.43%
BTC2.96%
ETH2.23%
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