$TAO isn’t suddenly weakening in this move—funds have shown signs of weakness at the high levels much earlier. On the surface, the price is still grinding, and many people think it’s just normal consolidation, but what I’m seeing is that the sell pressure above is getting heavier, and each rebound is weaker than the last.

This short position was initiated around 274.6. After it was pushed to 191.2, the current return is +1462.62%. There were fluctuations in between, but each pullback failed to regain and hold the key areas—this is why I’m continuing to hold it.

To put it plainly, what the market fears most isn’t a drop—it’s fake strength. It looks tough, but once the funds pull out, it turns brittle. What really caught my attention is that after the breakdown, it didn’t quickly reclaim—showing the shorts weren’t just probing, but taking over the pace.

Now that profits are already in, don’t let greed carry you away. For those with larger positions, you can take profit on 80% first, and keep 20% with break-even protection to continue watching for more upside volatility. If you haven’t entered, don’t chase just because you see returns—after a sharp drop, jumping in quickly can easily lead to being tortured by a rebound. Wait for the next time a truly certain opportunity appears.

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