🚨 Nvidia’s earnings report—TAO suddenly explodes upward! Is the AI sector about to be back again? 🤖
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Nvidia’s latest quarterly revenue hit $96.2 billion, once again refreshing the market’s imagination for the AI industry. After the news broke, traditional tech stocks got a boost. And in the crypto world, the most direct reaction showed up in AI-related assets. Among them, Bittensor’s TAO surged more than 10% within 24 hours, and its cumulative gain over the past week is even more than 21%.
The market has started discussing a question again: after a period of silence, is the AI sector about to return?
TAO’s rally this time isn’t just a simple rebound with the overall market. Judging by market sentiment, Nvidia’s strong performance once again proves that globally, investment in AI computing power, data centers, and AI infrastructure has not clearly cooled down.
In crypto, whenever the big narrative of “AI” starts heating up again, capital usually begins looking for the most representative targets. As TAO is an important project in the decentralized AI space, it naturally becomes a focus of attention.
Data shows that TAO’s recent market attention has clearly increased: discussion volume and engagement on social platforms have continued to rise. At the same time, the Bittensor ecosystem has expanded to 128 subnets, and discussions about its AI infrastructure and decentralized computing model are becoming more frequent.
More importantly, TAO’s recent price action has started to show technical changes.
Previously, TAO was long suppressed by a descending trendline. But recently, the price has broken above that downtrend line that had persisted for months, and has returned above the key moving-average area around $236.
This suggests that TAO may be trying to break out of the previous decline structure. What the market is paying most attention to now is around $260.
This can be said to be TAO’s most important short-term threshold. If the price can effectively break through and hold above $260, the market may start reassessing TAO’s overall trend. Based on the current technical structure, once $260 is broken, the market may continue to watch $290, $350, and even higher ranges.
But the problem is also obvious.
Click your avatar to watch the livestream and join the Jiujiu chat group,
let’s keep an eye on the next changes in the AI sector 🚀
#TAO #bittensor #英伟达
Group: 点击进入玖玖的粉丝群
Nvidia’s latest quarterly revenue hit $96.2 billion, once again refreshing the market’s imagination for the AI industry. After the news broke, traditional tech stocks got a boost. And in the crypto world, the most direct reaction showed up in AI-related assets. Among them, Bittensor’s TAO surged more than 10% within 24 hours, and its cumulative gain over the past week is even more than 21%.
The market has started discussing a question again: after a period of silence, is the AI sector about to return?
TAO’s rally this time isn’t just a simple rebound with the overall market. Judging by market sentiment, Nvidia’s strong performance once again proves that globally, investment in AI computing power, data centers, and AI infrastructure has not clearly cooled down.
In crypto, whenever the big narrative of “AI” starts heating up again, capital usually begins looking for the most representative targets. As TAO is an important project in the decentralized AI space, it naturally becomes a focus of attention.
Data shows that TAO’s recent market attention has clearly increased: discussion volume and engagement on social platforms have continued to rise. At the same time, the Bittensor ecosystem has expanded to 128 subnets, and discussions about its AI infrastructure and decentralized computing model are becoming more frequent.
More importantly, TAO’s recent price action has started to show technical changes.
Previously, TAO was long suppressed by a descending trendline. But recently, the price has broken above that downtrend line that had persisted for months, and has returned above the key moving-average area around $236.
This suggests that TAO may be trying to break out of the previous decline structure. What the market is paying most attention to now is around $260.
This can be said to be TAO’s most important short-term threshold. If the price can effectively break through and hold above $260, the market may start reassessing TAO’s overall trend. Based on the current technical structure, once $260 is broken, the market may continue to watch $290, $350, and even higher ranges.
But the problem is also obvious.
Click your avatar to watch the livestream and join the Jiujiu chat group,
let’s keep an eye on the next changes in the AI sector 🚀
#TAO #bittensor #英伟达
