$TAO $TAO $328 Tao—Do You Dare Chase It?

Just today, the AI track exploded again. Jensen Huang from Nvidia was just reported to be bullish on decentralized AI, Chamath Palihapitiya is also praising Bittensor's training capabilities, and big shots like Jason Calacanis are all talking about TAO—then the price surged from $277 to $328, up 14.7% in a single day. Retail investors went crazy: The AI leader is coming, all-in!

But the moment you rushed in, on-chain data revealed a shocking secret—TAO's 8th and 9th largest holders are simultaneously dumping.

First, look at the surface: gains look great, momentum is fierce.

In the past 24 hours, TAO is up 14.7%. The MACD histogram is still positive, EMA52 slope is pointing up, three white soldiers K-line pattern—everything looks beautiful. Technical indicators tell you: upside momentum is still there.

But hold on, look at the first thing: the whales fled.

On-chain monitoring is crystal clear—the 8th and 9th largest holders are simultaneously selling large amounts. These aren't retail traders; they're real money-backed mega whales.

The second thing: $320-325 is a danger zone.

Price surged to $321, then directly broke through MA5 and MA20, RSI fell below the 50 midline, MACD histogram continues to shrink. This shows someone is precisely taking profits at this level, and it's not just one or two people.

The third thing: capital is flowing out, retail is catching the falling knife.

Over the past 4 hours, TAO net outflows of $4.7 million. Large orders are scarce, trading volume rose 29%, but it's all retail buying. Whales are selling, retail is rushing in—does this look familiar?

On one side: AI narrative exploding, big shots endorsing, community euphoria.
On the other side: whales dumping, resistance capping, capital net outflows.

The key level is $300—the final bottom line for bulls and bears.

If you're a short-term trader: Wait for incremental buy volume + KDJ golden cross near $300, then try a small long position. Target $316-320, then exit. Don't get greedy. If it breaks below $295, stop loss immediately.

If you're a long-term player: Don't chase now. Wait for the technical indicators to clear the short squeeze, then build positions in tranches.