That sudden sell-off just now was very satisfying. This move in $TAO isn’t a normal pullback; it looks more like after sweeping liquidity from the high, it started distributing downward. A lot of people got led around by the previous fake breakout strength—then once it broke down, panic came out immediately.

What I was watching earlier was the area around 274.6. Price pushed up, but couldn’t hold; when it pulled back, the rebound/retake got weaker and weaker. The structure here has clearly changed. After entering shorts, I didn’t rush to get out, because the real damage comes from the continuation after it loses the level. Now the market has moved to 213.6—+1069.78% has already been realized, and the room for volatility opened up very directly.

In this kind of market, what’s most dangerous isn’t being wrong on the direction—it’s after you’re in profit and still wanting to take it all. My approach is simple: split it 80/20. First, reclaim the initiative; then keep the remaining position with a protective level and observe, giving the market some room and also leaving yourself a way out.

If you didn’t catch it, don’t beat yourself up. Don’t chase longs on the rebound, and don’t keep shorting in the heat of emotion—wait for a more comfortable spot.

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