🔥🔥$TAO current trading methods are highly similar to the previous $ZEC trading methods.
First, let's talk about violent rises on the daily chart, not giving retail investors a chance to get in; waiting for retail investors to start shorting, then directly breaking through at key resistance levels, wiping out the short positions. Then, it falls back to create a false impression of a "peak," guiding more people to short.
But this is actually about "cultivating the short army." Once enough short positions have accumulated, there will be another wave of rises specifically to harvest those who are shorting. Technically it looks right, but they just can't make money.
The main reasons for this wave of increase are: celebrity effect + ecological explosion, leading to such a significant rise in a short time, and there is a high probability of an independent market trend later.
So, 阿柒's view is: even if around 374 is a phase high point, it is unlikely to drop directly; it is more likely to form a daily M-top, completely clearing out the bears before any further action.
In summary: this market is not about being right in direction to make money, but about which side the market makers want to hit first.