$TAO ‌ Currently, the market situation is basically a dog whale turning hostile. It was previously smashing downward, now it’s violently pulling upward, directly pushing to 320. This is called “drawing the gate,” going up and down, up and down, specifically killing those who chase the rally and sell on dips.

The current situation: the price is hovering around 320, unable to go higher or lower. The 330 level above acts like a big lid, while the 300-310 range below has become a floor.
What’s next?
The dog whale just finished a batch of short positions and now feels itchy, most likely wanting to test 330 further, to touch that lid, and maybe blow up some high-position short orders again. But if it can’t break through 330, it might turn around and drop again.
Don’t get itchy and jump in immediately. Just watch the whale’s performance. Wait until it approaches 330. If it looks boring, then consider whether to short it. Entering now could easily get slapped from both sides.