That dump just now is so satisfying. $TAO looked strong at the highs, but in the end the bears still pushed it down. A lot of people see a rebound and want to jump in, but the truly key level was never really gotten past at all.

My short was entered around 274.6. I’d already been watching this spot—every time price tried to probe higher, it got knocked back. That means this isn’t just ordinary range trading; it’s funds distributing the position with a sell-off rhythm at high levels. What I cared about most at the time was whether the move would continue after the rebound—and the chart was very direct.

Now the price is at 195.7, and the profit is already +1385.46%. The extension is clearly obvious—this leg of the short can be said to have eaten the core position. The biggest fear in trading isn’t being wrong; it’s being right and then getting washed out by the noise.

The profit has already been released here. For the brothers with larger positions, consider splitting it with an 80/20 approach: lock in part first, and keep the rest running with a protective level—so you don’t let the floating profit retrace too much.

If you didn’t get on board, don’t rush. The market is always there—don’t chase. Wait for a more comfortable position to move.

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