$TAO I’ve been glued to the TAO (Bittensor) charts today. It’s showing some of the strongest momentum in the AI sector right now, but we are definitely entering a "high-stakes" zone.
Here is what I’m seeing:
🟢 Why I’m Watching (The Good Stuff)
To me, the narrative for TAO in 2026 is becoming undeniable. Prominent investors like Barry Silbert are calling it "the next Bitcoin" because of its decentralized approach to AI.
What really catches my eye is the supply dynamic: over 76% of all TAO is currently staked. When you combine that with the recent $2.26 million inflow I saw on the 24-hour charts, it creates a massive "supply squeeze."
Basically, if institutional demand keeps picking up, especially with all the ETF chatter, there simply won't be enough TAO on exchanges to go around. On my technical charts, the short-term moving averages (EMA) are perfectly aligned for a continuation.
🔴 What Worries Me
But I have to be the voice of reason here, the chart is looking "overextended." My RSI indicators are all above 80, which is deep into overbought territory. Historically, when TAO gets this hot, it usually leads to a sharp "mean reversion" (a fancy way of saying it crashes back to the average price).
I also noticed the Bollinger Bands are widening significantly, which means volatility is about to get even crazier. Some analysts are warning that this might just be a "corrective bounce" rather than a full trend reversal, so I’m staying alert for any signs of a fake-out.
My Plan:
I’m a long-term believer in the Bittensor "Proof of Intelligence" model, but I’m not "aping" in at these levels. I’m going to wait for a healthy pullback to see if it can hold its recent gains as support.
If it cools off and stays strong, that’ll be my signal that the new bull leg is officially here.
#TAO