The chart pattern suggests we're looking at a classic dead cat bounce scenario here. This could be the ideal window for TAO to mirror BTC's fractal structure. When you map the recent price action against BTC's historical patterns, the correlation becomes pretty apparent. If TAO follows this trajectory, we might see a meaningful completion of the fractal within the current cycle. The key is watching whether the bounce holds these critical support levels—that'll tell you if this setup is for real or just noise.
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down_only_larry
· 16h ago
Dead cat bounce? No matter how I see it, it looks like a trap to me, brother.
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StablecoinArbitrageur
· 16h ago
dead cat bounce? nah, what you're missing is the basis point spread between spot and perp right now. TAO's correlation coefficient to BTC has been absolutely trash the last 30 days—backtest this yourself if you don't believe me
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AirdropBlackHole
· 16h ago
Dead cat bounce? Here we go again, is the fractal structure really that effective?
The chart pattern suggests we're looking at a classic dead cat bounce scenario here. This could be the ideal window for TAO to mirror BTC's fractal structure. When you map the recent price action against BTC's historical patterns, the correlation becomes pretty apparent. If TAO follows this trajectory, we might see a meaningful completion of the fractal within the current cycle. The key is watching whether the bounce holds these critical support levels—that'll tell you if this setup is for real or just noise.