Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
TAO's recent movements are interesting. Looking at the data on CoinMarketCap, AI sector tokens still appear strong, but TAO is particularly struggling. Despite a 50% jump in mid-February, it couldn't sustain those gains. It is currently trading at $249, but the momentum doesn't seem to fully support it.
From a technical perspective, the range between $165 and $200 still seems valid. In recent weeks, the decline in spot CVD and negative funding rates indicate a rise not supported by genuine buyers. While Bitcoin is also struggling to hold above $77,000, $165 appears to be the next target for TAO. This uncertainty is reflected in the CoinMarketCap data as well.
In the current situation, trading within the range seems more reasonable. Without breaking the $200 resistance, the $165 support level remains a risk. Looking at last month's liquidity map, there is intense trading activity around these levels. For traders, this range seems usable until a breakout occurs.