Bittensor 價格調整：前景看好的逆向投資者的機會

儘管近期飆升，但 Bittensor (TAO) 的價格已連續第二週下跌，引發了投資者的擔憂。在不到兩個月內飆升超過 700% 後，TAO 已從歷史高點 757 美元回檔近 40%，跌破 50 天移動平均線。技術分析顯示前景看跌，指標顯示價格可能跌至 415 美元。然而，其在人工智慧領域的領導地位以及最近買家興趣的復甦可能為逆向投資者帶來機會。

Bittensor Price Correction and Future Prospects

Bittensor 價格調整及未來展望

Following months of remarkable growth, Bittensor (TAO) has undergone an unexpected price decline for the second consecutive week. This correction has raised concerns among investors, prompting an in-depth analysis of the cryptocurrency's trajectory and future prospects.

經過幾個月的顯著成長，Bittensor (TAO) 的價格連續第二週出現意外下跌。這種調整引起了投資者的擔憂，促使人們對加密貨幣的軌跡和未來前景進行深入分析。

Recent Market Performance

近期市場表現

In a meteoric rise, Bittensor soared from $46 to $394 within two months, largely driven by the surge in interest surrounding the artificial intelligence (AI) sector. This exponential growth propelled TAO to an all-time high of $757, building on support levels of $213.

Bittensor 在兩個月內迅速上漲，從 46 美元飆升至 394 美元，這主要是由於人們對人工智慧 (AI) 行業的興趣激增。這種指數級增長將 TAO 推升至 757 美元的歷史新高，支撐位為 213 美元。

However, after reaching this peak, the price of Bittensor experienced a significant correction of approximately 40%, falling below the $525 support. This decline prompted concerns among recent investors. Notably, the early days of April witnessed a favorable rebound, with renewed buyer interest emerging as the price dipped to $470. Consequently, TAO climbed above the psychological threshold of $500, regaining its previous support.

然而，在達到這一峰值後，Bittensor 的價格經歷了約 40% 的大幅回調，並跌破了 525 美元的支撐位。這種下跌引起了近期投資者的擔憂。值得注意的是，4 月初出現了有利的反彈，隨著價格跌至 470 美元，買家興趣重新燃起。因此，TAO 攀升至 500 美元的心理關口，重新獲得先前的支撐位。

As of this writing, Bittensor trades around $570. While this uptick provides some encouragement, the short-term structure of the cryptocurrency remains bearish. This downturn has pushed TAO below its 50-day moving average, raising questions about the solidity of its medium and long-term trend.

截至撰寫本文時，Bittensor 的交易價格約為 570 美元。雖然這種上漲提供了一些鼓勵，但加密貨幣的短期結構仍然看跌。這次低迷已使 TAO 跌破 50 日移動均線，引發對其中長期趨勢穩定性的質疑。

Technical Analysis and Market Sentiment

技術分析與市場情緒

Technical analysis suggests a bearish outlook for Bittensor's price, supported by negative indicators from both oscillators and the price itself. However, given its leadership position in the AI sector, this situation could present an opportunity for contrarian investors.

技術分析表明，在振盪器和價格本身的負面指標的支撐下，Bittensor 的價格前景看跌。然而，鑑於其在人工智慧領域的領導地位，這種情況可能為逆向投資者提供機會。

Derivatives Market Analysis

衍生性商品市場分析

Open interest on TAO/USDT perpetual contracts has significantly diverged from its price. While the latter has declined by about 35%, open interest has almost doubled, reflecting an increase of $16 million in positions. This dynamic indicates increased interest in the derivatives market amid the recent price drop.

TAO/USDT永續合約的持股量與其價格有顯著背離。雖然後者下降了約 35%，但未平倉合約幾乎翻了一番，反映出部位增加了 1,600 萬美元。這一動態表明，在近期價格下跌的情況下，人們對衍生性商品市場的興趣增加。

The predominance of long position liquidations during this decline, coupled with a slightly rising funding rate, suggests that some speculators view the correction as a buying opportunity, anticipating a potential trend reversal in the medium to long term.

此次下跌期間多頭部位清算占主導地位，再加上融資利率略有上升，顯示一些投機者將此次調整視為買入機會，預計中長期內可能出現趨勢逆轉。

Liquidation Heatmap

清算熱圖

The liquidation heatmap for Bittensor over the last month reveals that TAO recently surpassed a significant liquidation zone between $510 and $560. Its recovery above this threshold indicates renewed buyer interest at this price level. The most significant liquidation zone above the current price is found between $615 and $760. Below the current price, liquidation zones are evident near $460 and $400.

Bittensor 上個月的清算熱圖顯示，TAO 最近突破了 510 美元至 560 美元之間的重要清算區域。其恢復到這一閾值之上表明買家對這一價格水平重新產生了興趣。目前價格上方最重要的清算區域位於 615 美元至 760 美元之間。低於當前價格，清算區在 460 美元和 400 美元附近很明顯。

Hypotheses for Price Movement

價格變動的假設

If the price of Bittensor remains above $470, a continuation of the bullish trend is possible, with potential targets at $645, $700, and even a retest of the all-time high of $760. This would represent an increase of over 26%.

如果 Bittensor 的價格保持在 470 美元以上，則看漲趨勢可能會持續，潛在目標為 645 美元、700 美元，甚至重新測試 760 美元的歷史高點。這將意味著增幅超過 26%。

Conversely, if the price slips below $470, a retreat towards $415 is a possibility. A deeper correction could lead to support levels around $350, representing a decline of approximately 41%.

相反，如果價格跌破 470 美元，則有可能回落至 415 美元。更深入的調整可能會導致 350 美元左右的支撐位，即下跌約 41%。

Conclusion

結論

Bittensor's exceptional rise, fueled by AI enthusiasm, has been met with a recent downturn, raising investor concerns. However, the cryptocurrency's rebound above $500, combined with its leadership position in the AI sector, could attract investors seeking opportunities.

Bittensor 在人工智慧熱情的推動下實現了異常上漲，但最近卻出現了低迷，引發了投資者的擔憂。然而，加密貨幣反彈至 500 美元以上，加上在人工智慧領域的領導地位，可能會吸引投資者尋求機會。

Monitoring the price reaction to key levels is crucial to confirm or refute current hypotheses. Vigilance is advised for potential market "fake outs" and "squeezes." It's important to note that these analyses are based solely on technical criteria, and cryptocurrency prices can fluctuate swiftly due to other fundamental factors.

監測關鍵水準的價格反應對於確認或反駁當前假設至關重要。建議對潛在的市場「假象」和「擠壓」保持警惕。值得注意的是，這些分析僅基於技術標準，加密貨幣價格可能會因其他基本因素而迅速波動。