The recent market has been consistently maintaining a hard mode; the best time to identify who is swimming naked is when the tide goes out.

Bittensor did not immediately reverse the trend after the release of dtao, and it has attracted a lot of criticism for dtao. Currently, the price of $TAO has reached a critical support level. The good news is that the stake in the subnet of $TAO has been in a net outflow state for the past month, and it has just returned to a net inflow state.

If the staking trend of dtao can be sustained, it indicates that the market is gradually recognizing the dtao mechanism, which also means that the circulation of $TAO can continue to maintain a deflationary state, providing good support for the price of $tao. If you are optimistic about the long-term development of Bittensor, now is a good time to enter.