#美国政府停摆 TAO token traded at a price of $444.04 in the last 24 hours, an increase of $43.45 compared to the previous trading day, representing a growth of 10.85%.

Bittensor (TAO) The current market situation shows that its trading price in the cryptocurrency market is $444.04, an increase of $43.45 from the previous close, with a rise of approximately 11%. The trading range for the day was between $400.3 and $447.68.

Market analysis shows that TAO has continued to strengthen over the past week, successfully breaking through the important resistance level of $400 . The trading volume on October 22 reached approximately $703 million, a significant increase of 205% compared to last month, indicating that market interest in TAO is significantly rising.

Technical analysis shows that on the 4-hour time frame chart, TAO has formed a bullish flag pattern, with the current price around $409 and support located near $380 .

For short-term investors, it is recommended to closely monitor the key resistance levels in the range from $440 to $475 . If this area is successfully突破, it may trigger a larger upward trend. When the price approaches these resistance levels, investors may consider taking partial profits.

From a mid-term perspective, it is noteworthy that TAO is expected to experience its first halving event on December 12, 2025, when the daily issuance will be halved from 7,200 to 3,600, which may lead to a reduction in supply and subsequently have a positive impact on the price.

Another positive factor is that Grayscale has submitted an application for the TAO trust fund to the U.S. Securities and Exchange Commission. If approved, it will provide a formal investment channel for institutional investors, which may further drive up prices.

However, investors should also be wary of various risk factors, including the inherent high volatility of the cryptocurrency market, the uncertainty of regulatory policies in different countries, and the technological development risks of the projects themselves. Investment decisions should carefully evaluate these factors.

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