For positions, I’ll state the result directly—no beating around the bush. $TAO This short entered around 258.4, and now TAO has pushed to around 197.2; the unrealized profit is already +1140.58%. This isn’t a temporary, spur-of-the-moment guess—it’s been signals the chart step by step laid out.



At first it was grinding sideways in the high range. A lot of people thought that if it didn’t drop, it meant strength. But I felt this area was crucial. What really caught my attention was that the rebound didn’t have staying power—once it went up, it got capped and pushed down, the volume couldn’t keep up, and the bids weren’t firm. Price isn’t afraid of going sideways; what it fears is whether, after the sideways consolidation, the bulls can’t hold it—then the pullback will come quickly.

Now that the shorts have realized profit, the trend is extending clearly, but the profit-taking phase needs even more calm. For brothers with bigger positions, consider handling it in batches with an 80/20 approach: put the profits into your pocket first, and keep the rest with protective stops while you watch whether the chart can continue releasing.

Don’t get carried away and lose control just because a move went your way. Perps hate it most when people chase after getting into profit. If you didn’t catch it, don’t rush—don’t chase, don’t chase lower levels, and wait for the next opportunity.

$BTC $ETH
TAO-0.56%
BTC2.83%
ETH4.20%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned