Bittensor Suffers 23% Decline in Price Amid Market Turmoil

市场动荡，Bittensor 价格下跌 23%

The Bittensor (TAO) price has witnessed a sharp drop of 23% in the past 24 hours, trading at $192 as of 12:30 a.m. EST. This decline coincides with a surge in trading volume by 54%, reaching $81 million.

Bittensor (TAO) 价格在过去 24 小时内大幅下跌 23%，截至美国东部时间上午 12:30 交易价格为 192 美元。这一下降恰逢交易量激增 54%，达到 8100 万美元。

Market Factors Influencing Price Drop

影响价格下跌的市场因素

Bittensor's price decline aligns with a broader market downturn, triggered by investor concerns following a rate cut by Japan. This move led to panic selling amid fears of a potential recession, as the US Fed maintained interest rates instead of implementing a reduction.

Bittensor 的价格下跌与更广泛的市场低迷一致，这是由日本降息后投资者的担忧引发的。由于美联储维持利率不变，而不是实施降息，此举导致人们担心潜在的经济衰退而引发恐慌性抛售。

Bittensor Price Analysis

Bittensor价格分析

Bittensor has historically delivered significant returns, reaching an all-time high of $755.01 in 2023-2024. However, it encountered a resistance level, leading to profit-taking and a 70% correction.

Bittensor 历史上曾带来可观的回报，在 2023-2024 年达到 755.01 美元的历史新高。然而，它遇到了阻力位，导致获利了结和70%的回调。

Bullish sentiment attempted to regain momentum at the $215 support level. However, the $358 resistance level has pushed the price down, approaching the crucial $200 support. A break below $300 and the 50-day SMA has intensified the decline, accompanied by bearish signals from the RSI indicator.

看涨情绪试图在 215 美元支撑位恢复势头。然而，358 美元的阻力位已将价格推低，逼近关键的 200 美元支撑位。跌破 300 美元和 50 日均线加剧了跌势，同时 RSI 指标也发出看跌信号。

Bulls Seek to Regain Momentum

公牛队寻求重获动力

Despite the bearish pressure, Bittensor remains above the 200 SMA, offering potential for a price recovery. Additionally, the RSI is approaching oversold territory, suggesting the possibility of a reversal.

尽管面临看跌压力，但 Bittensor 仍高于 200 SMA，为价格复苏提供了潜力。此外，RSI 正在接近超卖区域，表明有可能出现逆转。

Price Prediction

价格预测

Analysts suggest a potential short-term decline towards support levels at $180 and $155. Conversely, an uptick in momentum could lead to resistance at $330 and $358.

分析师表示，短期内可能会跌向 180 美元和 155 美元的支撑位。相反，势头上升可能会导致 330 美元和 358 美元的阻力位。

Disclaimer: This article does not contain any advertising or promotional content.

免责声明：本文不包含任何广告或促销内容。