Bearish momentum persists — Bittensor drops 9.34% amid technical selling

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Bittensor drops 9.34% to $271.70 today

Highlights

Bittensor gained attention after NVIDIA's earnings report underscored ongoing progress in Bittensor's decentralized AI marketplace ecosystem.
A growing number of AI startups are building on Bittensor's platform, signaling increasing adoption within decentralized blockchain and AI networks.
Active subnets and miners on Bittensor are delivering measurable intelligence outputs, reinforcing its position as a key infrastructure provider in the sector.

Ecosystem expansion and AI focus drive renewed investor interest

Bittensor has attracted attention following NVIDIA's latest earnings, which highlighted continued progress within the Bittensor ecosystem. The platform operates as a decentralized marketplace for specialized AI systems, where active subnets and miners deliver measurable intelligence outputs. Ongoing developments and the growing number of AI startups building on the platform support its position as an important player in AI and decentralized blockchain networks.

Bearish momentum persists amid oversold technical conditions

Momentum indicators on D1 show persistent bearish signals. MACD points to continued negative momentum and ADX at 16.47 suggests a weak but present trend. Both RSI (31.41) and CCI (-137.12) indicate oversold conditions, echoed also by Stoch RSI (0.00) and Bear Power (BBP at -23.70), confirming intense seller dominance. The Awesome Oscillator strengthens the bearish view. Today TAO dropped $28 or 9.34%, with no gap between yesterday’s close and today’s open. The current price trades near today’s low between $266.20 and $281.30, reflecting high volatility and heavy pressure after the open. Overall, intraday momentum and oscillators are aligned in pointing to strong downside pressure.

Downside risk prevails with limited chance of rapid reversal

For the next five sessions, the expected range for TAO is $247.00 — $292.00, adjusted to remain within 10% of the current price due to the latest sharp moves. There is a very low probability (less than 20%) of a price increase, making further declines more likely. The baseline scenario is for trading sideways in this corridor if selling abates. A bullish reversal would require a breakout above $292.00, potentially toward dynamic resistance levels. The bearish scenario sees a clear move below $247.00, possibly accelerating declines as downward momentum persists.

Viktoras Karapetjanc, expert at Traders Union, sees continued downside for Bittensor (TAO) after a sharp drop and strong selling pressure. He notes that bearish momentum now dominates, though growing interest from AI developments and ecosystem progress keeps long-term prospects interesting. The analyst expects trading to remain volatile and sideways near current lows unless $292.00 is decisively broken. Any bullish reversal would require substantial momentum and a shift in sentiment. "I believe the current weakness is mainly driven by technical factors, but sustainable growth could return if Bittensor capitalizes on AI sector strengths and regains above key resistance."

Last time we reported that TAO was expected to consolidate in the $402.80 to $408.30 range with potential for volatility. Previously, it was noted that the short-term outlook for TAO was described as balanced and momentum indicators remained neutral.

Source of Data: TAO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.