Looking at TAO's recent trend, this is not the kind of short-term rebound that comes quickly and goes just as fast. Since stabilizing after the low point of $242.23, capital has been continuously pushing forward, forming a solid upward trend. The short-term moving average has already been broken through, and the medium- and long-term moving averages are also arranged in a bullish pattern, providing support. The advantage of the bulls is becoming increasingly obvious.

The most noteworthy aspect is the volume in conjunction with the price movement. During this rally, the trading volume has steadily increased, with 24-hour trading approaching the level of 100 million USDT, indicating that it is not retail investors chasing in the short term, but genuine buying power driving the momentum.

How exactly to operate? My view is—don't rush to chase. It's best to wait for a pullback to the $260-$265 range, or wait until it retests recent key support before entering in batches. This way, the risk will be lower.

If you do enter, you can set targets like this: first watch for $270, then $275. If it can break through the previous high, reaching $280 is also possible. Place your stop-loss at $255; if it falls below this level, the short-term upward trend is likely to weaken.

From the volume-price relationship, this rally's pace is very healthy, and the bulls' capacity to absorb is also quite good. As long as the price stays above $255 without breaking, you can continue to maintain a bullish outlook. Conversely, there’s no real point in shorting now; in this steady upward trend, contrarian trading is unlikely to yield profits. For those going long, be patient, wait for a pullback to re-enter, and don't let the short-term surge mislead your judgment.