TAO、Bittensor 和分析師的樂觀情緒：是什麼推動了這種討論？

分析師看好 TAO (Bittensor)，認為結構彈性、機構支持和即將到來的減半是潛在復蘇和增長的關鍵驅動力。

The buzz around TAO (Bittensor) is palpable, and analysts are increasingly optimistic about its future. Let's dive into the key factors fueling this sentiment.

圍繞 TAO（Bittensor）的熱議顯而易見，分析師對其未來越來越樂觀。讓我們深入探討一下助長這種情緒的關鍵因素。

TAO's Resilience and Recovery Potential

TAO 的彈性和恢復潛力

Despite recent pullbacks, TAO has demonstrated structural resilience, catching the attention of technical analysts. Satoshi Flipper pointed out a descending channel formation, suggesting it's "another chance to pick up cheap TAO." The Relative Strength Index (RSI) rebounding from oversold levels further supports a potential short-term reversal. Adding to the bullish outlook is the upcoming halving event, which is expected to further boost TAO's value.

儘管最近出現回調，但 TAO 仍表現出結構彈性，引起了技術分析師的關注。 Satoshi Flipper 指出了下降通道的形成，暗示這是“另一個買入廉價 TAO 的機會”。相對強弱指數（RSI）從超賣水平反彈進一步支持潛在的短期反轉。即將到來的減半事件增添了看漲前景，預計將進一步提升 TAO 的價值。

Johnny, taking a broader view, noted that TAO had completed a clean retest near the $400 region, indicating a retest of support levels. This analysis aligns with key volume clusters, suggesting accumulation before a potential push toward the $460 resistance band.

Johnny 採取更廣泛的觀點，指出 TAO 已經完成了 400 美元區域附近的徹底重新測試，表明重新測試了支撐位。該分析與關鍵成交量集群一致，表明在可能推向 460 美元阻力帶之前應進行吸籌。

Altcoin Sherpa highlighted a confluence of signals around the 200-day Exponential Moving Average (EMA), describing it as an ideal area for a bounce. Fibonacci analysis placed retracement support between $367 and $341, reinforcing confidence in the structure's ability to hold.

山寨幣 Sherpa 強調了 200 天指數移動平均線 (EMA) 周圍的信號匯合，將其描述為理想的反彈區域。斐波那契分析將回撤支撐置於 367 美元至 341 美元之間，增強了對該結構持有能力的信心。

Institutional Backing: A Strong Foundation

機構支持：堅實的基礎

The improving technical setup is complemented by increasing institutional interest. Connecticut Innovations' investment through Yuma Asset Management's subnet funds marks one of the first state-backed entries into decentralized AI infrastructure. This move offers investors direct exposure to subnet economies within the Bittensor network.

不斷提高的機構興趣補充了不斷改進的技術設置。 Connecticut Innovations 通過 Yuma Asset Management 子網基金進行的投資標誌著國家支持的首批進入去中心化人工智能基礎設施的項目之一。此舉為投資者提供了直接接觸 Bittensor 網絡內子網經濟的機會。

Yuma's funds, structured like traditional market composites, track active subnets by market weight, providing a structured approach to TAO's expanding ecosystem. Earlier, TAO Synergies completed an $11 million private placement, further solidifying institutional confidence.

Yuma 的基金結構類似於傳統市場組合，按市場權重跟踪活躍子網，為 TAO 不斷擴大的生態系統提供結構化方法。此前，TAO Synergies 完成了 1100 萬美元的私募，進一步堅定了機構信心。

Bittensor's Grand Vision: A Decentralized AI Economy

Bittensor的宏偉願景：去中心化的人工智能經濟

Bittensor isn't just aiming to be a decentralized OpenAI; it's building a decentralized AI economy. The introduction of dynamic TAOs (dTAOs) has fundamentally changed the ecosystem, shifting reward distribution to a fully market-driven system. This allows each subnet to develop an independent, capital-driven economy.

Bittensor 的目標不僅僅是成為一個去中心化的 OpenAI；它正在建立一個去中心化的人工智能經濟。動態 TAO（dTAO）的引入從根本上改變了生態系統，將獎勵分配轉變為完全市場驅動的系統。這使得每個子網都可以發展獨立的、資本驅動的經濟。

Bittensor competes with centralized AI platforms by providing the infrastructure to build diverse AI use cases. It targets the entire AI value chain, including computing infrastructure, data validation, model training, and the peer-reviewed intelligence layer. This positions Bittensor as a foundational platform for decentralized AI, with a total addressable market far exceeding that of any single proprietary AI company.

Bittensor 通過提供構建多樣化 AI 用例的基礎設施來與集中式 AI 平台競爭。它針對整個人工智能價值鏈，包括計算基礎設施、數據驗證、模型訓練和同行評審的智能層。這使得 Bittensor 成為去中心化人工智能的基礎平台，其潛在市場總量遠遠超過任何單一專有人工智能公司。

Subnet Tokens: An Overlooked Opportunity

子網代幣：一個被忽視的機會

Subnet tokens are emerging as a key component of the Bittensor ecosystem. Denominated in TAO and determined by liquidity ratios in automated market maker (AMM) pools, these tokens incentivize miners to host and run AI models. The more growth you see over different timeframes, the higher the demand. If they maintain high issuance and the businesses surrounding the subnet generate revenue from the services and products they provide, the price of the subnet token is likely to continue to rise.

子網代幣正在成為 Bittensor 生態系統的關鍵組成部分。這些代幣以 TAO 計價，並由自動做市商 (AMM) 池中的流動性比率確定，激勵礦工託管和運行人工智能模型。在不同時間範圍內看到的增長越多，需求就越高。如果他們保持高發行量，並且子網周圍的企業從他們提供的服務和產品中產生收入，那麼子網代幣的價格可能會繼續上漲。

BlockDAG Spotlight

區塊DAG 聚焦

While TAO and Bittensor garner attention, projects like BlockDAG are also capturing investor interest. With its F1 partnership, BlockDAG puts BDAG in front of millions globally, creating visibility and legitimacy that few other presale tokens can match. The limited-time $0.0015 price is a rare chance to join an ecosystem already thriving with 312K holders, 3M X1 users, and a rapidly expanding DAG-based Layer-1 infrastructure.

在 TAO 和 Bittensor 引起關注的同時，BlockDAG 等項目也吸引了投資者的興趣。通過與 F1 的合作，BlockDAG 將 BDAG 置於全球數百萬人面前，創造了其他預售代幣無法比擬的知名度和合法性。限時 0.0015 美元的價格是加入生態系統的難得機會，該生態系統已經擁有 312K 持有者、3M X1 用戶和快速擴展的基於 DAG 的 Layer-1 基礎設施。

The Bottom Line

底線

With strong technical indicators, increasing institutional backing, and a clear vision for a decentralized AI future, analysts are understandably optimistic about TAO. Of course, crypto is never a sure thing, but with the buzz around TAO, it's hard not to feel like something big is brewing. So, keep your eyes peeled and maybe, just maybe, we'll all be sipping margaritas on a TAO-funded yacht someday!

憑藉強大的技術指標、不斷增加的機構支持以及對去中心化人工智能未來的清晰願景，分析師對 TAO 持樂觀態度是可以理解的。當然，加密貨幣從來都不是一件確定的事情，但隨著 TAO 的熱議，很難不讓人感覺有大事正在醞釀。所以，請擦亮眼睛，也許，只是也許，有一天我們都會在 TAO 資助的遊艇上喝瑪格麗塔酒！