Many people were still hesitating just now, but once the price dropped hard, the answer was already clear.

This time, $TAO ’s short position wasn’t something formed on the spot. It was already spotted ahead of time: around 277.1, it kept failing to push through, and the volume kept getting weaker as it moved along—the structure had clearly changed. The key is right here: it still looks like it’s chopping sideways on the surface, but in reality the bulls no longer have initiative. Once it breaks down, the panic sell orders will come out right after.

Now the price is down to 193.1, and this short is up +1459.85%; the move has extended clearly. Plainly put, the rhythm has changed. Those who were previously looking for a rise were still waiting for a snapback, but the market had already given the direction first.

I won’t stubbornly cling to fantasies after taking profit. If your position size is large, you can take profits in batches; the rest—keep watching with protective levels in place. If you didn’t catch it, don’t be anxious. Don’t chase the next long, and don’t chase the short—wait for the next clearly defined level.

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