Bittensor has recently gained some popularity. TAO has increased by nearly double digits over the past week. What's behind this? Grayscale's trust products have surged by 350% in 14 days, indicating that major institutions are quietly positioning themselves. The anticipation of potential ETF listings is also fueling the momentum.
From on-chain data, the staking rate has risen to 70% after the halving, showing high community enthusiasm. Market sentiment is approximately 85% positive, and technical charts also show support.
If you want to participate in short-term opportunities, consider going long in the 280-285 range with a stop loss at 260. If a breakthrough occurs smoothly, target 320. But be aware that the current momentum is somewhat overheated, with a high divergence rate. After a rapid rise, watch out for the risk of a pullback. The AI narrative remains strong, but don't be greedy.
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DancingCandles
· 01-07 02:33
Grayscale's recent layout really can't hold up anymore; a 350% surge—who can withstand that...
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A staking rate of 70% is a bit outrageous; I'm just worried about liquidity drying up later.
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If you buy in at 280-285 and aim for 320, can you really make a profit, or is this just another harvest?
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The speculative component of ETF hype might be much larger than the actual progress.
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Others' "quiet layout" always seems to be the last one we discover, haha.
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Dare to chase such a high divergence? You're betting that Xu Lai's correction won't be too harsh.
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When it overheats, it overheats—who cares? Following big institutions to grab a piece of the pie is never wrong.
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AI narrative + halving + ETF trio, it really has some substance, but entering at this height requires a very strong heart.
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A sharp rise followed by a pullback? Are you gently saying it's time to harvest the leeks?
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VibesOverCharts
· 01-06 23:50
350% surge so fierce? Grayscale really doesn't play by the rules. I'm just wondering how big institutions sniffed out the trend so quickly.
The 280-285 long entry sounds good for this wave, but with the current heat... it feels a bit like dancing on the mountain top.
Don't be greedy—this phrase hits right at my heart. Every time, I say it and then get slapped in the face.
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MechanicalMartel
· 01-06 23:47
Major institutions are quietly accumulating, while retail investors are still debating whether to get in... Grayscale's move is truly impressive.
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Staking rate 70%? Is this data real? If it's that high, it should have already skyrocketed.
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Entering the long position at 280 sounds good, but I'm worried it's another high-level trap to catch traders. TAO is too easy to reverse and run wild.
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How long can the AI narrative last? It feels like all the stories are getting old. Just waiting for a big V to say the word and everything collapses.
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A 350% surge in fourteen days?? How is that possible? Is Grayscale playing with its own product?
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The risk of a sharp rise followed by a pullback is very real. I've seen many overheated markets like this, and in the end, it's always the bagholders who lose money.
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The target of 320 is a bit greedy, staying steady at 300 would be good enough.
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A high divergence rate signal isn't very good. Historically, times like this haven't ended well.
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Don't be greedy? Now you're making me want to be greedier. This psychological tactic isn't good, huh?
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Can ETF expectations really lift prices, or is this just another bear trap?
View OriginalReply0
ContractTearjerker
· 01-06 23:43
I'm also watching the price range of 280-285, but to be honest, the 350% surge by Grayscale seems a bit outrageous. Are you sure there's no manipulation?
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PoetryOnChain
· 01-06 23:33
Wait a minute, Grayscale's recent surge of 350%? That's suspicious. Big players are really quietly accumulating, while we retail investors are still studying technical lines.
TAO's staking rate has skyrocketed to 70%, which clearly indicates that some people are betting on it. However, I'm still a bit hesitant to go long at 280-285, it feels like this rally is too aggressive, and the divergence rate is about to spike.
The pattern of rising sharply and then pulling back—I've been cut too many times before. This time, I'll just wait and see.
If the ETF really launches, that will be the real highlight. Right now, jumping in feels a bit like chasing the high.
Bittensor has recently gained some popularity. TAO has increased by nearly double digits over the past week. What's behind this? Grayscale's trust products have surged by 350% in 14 days, indicating that major institutions are quietly positioning themselves. The anticipation of potential ETF listings is also fueling the momentum.
From on-chain data, the staking rate has risen to 70% after the halving, showing high community enthusiasm. Market sentiment is approximately 85% positive, and technical charts also show support.
If you want to participate in short-term opportunities, consider going long in the 280-285 range with a stop loss at 260. If a breakthrough occurs smoothly, target 320. But be aware that the current momentum is somewhat overheated, with a high divergence rate. After a rapid rise, watch out for the risk of a pullback. The AI narrative remains strong, but don't be greedy.