$TAO Oh my gosh, this TAO is really out of control! It actually hit 351, and now it’s slipped back to 338—so is this “market maker” doing bungee jumping?


Now, in simple terms: it pumps up, then fades, with bulls and bears trading insults. This morning it surged to 351; then the market maker saw that the follow-the-wave crowd wasn’t enough, so it started selling again and slammed it back down to 338. The whale long/short ratio is 177%—the longs are raking it in, and the shorts are getting wiped out. A typical case of “market maker self-entertainment, while retail watches the show.”
Market maker script speculation:
Most likely, it’ll keep swinging back and forth between 330 and 350, shaking both the ones chasing longs and the ones trying to catch the bottom, and then it’ll choose a direction. If 330 can’t be held, it may fall to 320; if it pushes up to 350 again, then it’s basically trying to blow up the shorts.
Entry strategy:
1. Place a “grab a bargain” long around 330: set a stop loss at 327, betting it won’t break down.
2. Place a “sell the top” short around 348: set a stop loss at 352, betting it can’t make it through.
Right now is the market maker’s washout time—don’t chase pumps or cut the lows. If you just can’t help yourself, place the orders above; the stop loss must be included. The safest move is still to drag a small bench over and watch—once it picks a direction, then follow it. Remember: the market maker’s playbook is deep—don’t be their cash cow! #Gate广场四月发帖挑战
TAO4,45%
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