$TAO consolidates at $220 as Grayscale and Bitwise file for Spot ETFs, validating the "AI Coin of the Cycle" thesis.
What's Happening:
TAO trades at $220, digesting its recent post-halving moves.
ETF News: Grayscale filed for a TAO ETF, signaling massive institutional demand for decentralized AI exposure.
The first halving (Dec 14) cut emissions by 50%, creating a supply shock that is slowly playing out.
Binance is trimming margin pairs (TAO/FDUSD), likely for liquidity consolidation, causing minor short-term friction.
Why It Matters:
TAO is the Bitcoin of AI. The combination of a Halving (Supply Shock) + ETF Filings (Demand Shock) creates a textbook bullish setup for 2026. Institutions are positioning before the crowd understands the scarcity.
Technical View:
TAO is compressing in a flag pattern. Resistance at $250 is the breakout level. Support at $200 is psychological and structural.
🎯 Key Levels:
Support: $200.00 | Resistance: $250.00
24h Range: $218 - $225
💡 " Decentralized AI is the trend; TAO is the index."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Bittensor #TAO #CryptoAI #GrayscaleETF #Halving
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
