That move just now was very typical: first sweep a round of hesitant positions, then immediately smash it down. I entered the $TAO short around 270.4. Now the price has come to 195.6, and the floating profit return is up to +1332.18%. The trend extension is obvious—most of those who were calling for a rebound have basically been left behind by the pace.

What really caught my attention is the lack of strength after the high-level pullback. The price looks like it’s still moving sideways, but the buy orders can’t hold anymore. A lot of people only watch the surface volatility and ignore the sustained effectiveness of overhead suppression. Once it breaks down here, panic won’t be the risk—it’ll be the accelerator for short positions to realize gains.

My thinking now isn’t complicated: if you have a position, protect your profits. Use an 80/20 split to take profits in batches. Let the remaining small portion run on its own, but don’t set the protection level too far away. During the profit-taking phase, you need to stay clear-headed—don’t let one pullback candle overturn your whole judgment.

If you haven’t entered, don’t chase shorts, and don’t chase trades to gamble on a rebound—wait for a more comfortable entry.

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