The TAO halving mechanism is about to start, with daily new output reduced from the original 7200 to 3600. This structural change is significant, but interestingly, the market's response has been almost indifferent, with little discussion and no commotion. In such moments of thin background noise, there often lies a more genuine possibility.

Among the many AI narrative-related crypto assets, it not only has solid technological narratives as support but also continuously attracts some long-term value-focused observers, such as Grayscale's ongoing attention as evidence. The risk of such projects often lies not in silence but in being prematurely pushed to the peak of consensus, consuming the elasticity of future growth.

Halving is not an instant catalyst for price; it is more like laying a slowly effective groundwork for the supply side. The potential selling pressure is halved daily, which does not directly translate into immediate upward momentum; the market may even continue a period of dull consolidation. However, when the tide of future demand truly comes in, people will notice that the cost basis of the asset has quietly differentiated in silence.

Currently, TAO presents a typical state of value latency: lacking rampant discussion and without an over-consumed storyline. Making decisions in such an environment is less about competing for agility in information and more about testing one’s faith and patience in cycles. By the time the entire market begins to passionately discuss decentralized AI and computing networks, the critical phase of chip layout has often long passed.

Therefore, this halving is an important cyclical footnote rather than a signal to chase prices. It does not mean immediate action but suggests a window for a more relaxed and accumulation-focused approach. Amid the alternating noise and silence of the market, truly weighty assets will gradually reveal their outlines over time. #加密市场观察