Recent market fluctuations have been volatile, with ups and downs. On one hand, Trump's frequent remarks have been disturbing the market; on the other hand, large funds are generally on the sidelines. Overall, the pattern shows decisive declines and hesitant rises, making it difficult to form a strong bullish rally. Long positions should be exited promptly when the opportunity arises; the safest approach is to stay cautious. In the short term, there is obvious selling pressure at 67,000-67,500. If this resistance cannot be broken with increased volume, the probability of a further decline is higher. Support is seen at 65,500, which has been tested multiple times. Whether this level can hold depends on the strength of the rebound; if the rebound is weak, a quick drop toward 63,000 is likely after breaking below. Strong support is at 63,000-62,000, where a large amount of liquidity is concentrated, providing stronger support. The key resistance levels are 69,000 and 72,000. Until a strong bullish candle stabilizes above these levels, shorting remains the safer strategy. #Gate广场四月发帖挑战 $BTC $ETH #伊朗标志性桥梁遭轰炸

The Ethereum Foundation has just staked an additional 45,034 $ETH, approximately $93.11 million. The circulating supply continues to be locked, and market interpretation of $ETH is usually not too negative. In the short term, this move is aimed at stabilizing confidence and also indicates that the foundation is still betting on the network itself.

💸 Grayscale has just filed to list $TAO on the NYSE → Continuous creation/certification of funds in blocks of 10,000 shares → Arbitrage participants compare prices against NAV → Valuation based on CoinDesk’s benchmark → Custody by BitGo + Coinbase Custody → Potential for another price breakout This scenario has previously helped investors access $BTC and $ETH , and is now being applied to Bittensor. This is no longer a “possibility in the future,” but rather a real ETF infrastructure being assembled right now. 📈 Why This Changes Everything Currently, the market cap of $TAO is about $3 billion. When GBTC converts to an ETF, billions of dollars poured in within just a few weeks. Just a small portion of that institutional money flowing into an asset with a $3 billion market cap… • 401( advisors cannot buy tokens on DEX • RIAs cannot custody TAO themselves But what about a listed ETF on the NYSE? That’s a product accessible to all brokerage firms, retirement accounts, and asset managers worldwide. Grayscale is truly building a “bridge” connecting Wall Street’s trillions of dollars with the most important narrative in crypto right now: decentralized AI. 📈 Potential Impact on Price ) has been moving in a “classic” pattern all month: → Accumulation → Breakout → Accumulation → Breakout It has repeated twice since early March: • Breakout 1: $TAO → $175 • Breakout 2: $280 → $270 Currently, the price is consolidating around $308. Similar structure, narrow range. If the pattern repeats a third time with a catalyst from the ETF behind it… you can estimate the potential.