I noticed an interesting situation with crypto AI tokens. The market capitalization of this sector has risen quite noticeably over the past month, and TAO is playing a key role here. Previously, this token saw an incredible jump, but it couldn’t sustain the growth. What’s interesting is that the situation now looks completely different—the price has risen to $256, even though there were many bearish signals before.

Look at what’s happening on the chart. When TAO was trading in a range, most traders expected a drop to $165. But instead, we’re seeing a rise. Funding remained negative, and there were sell volumes—but the price still climbed anyway. This often happens—the market does what nobody expects.

Bitcoin has also changed—now it’s at $76.82K, not below $70K as was reported earlier. When BTC is rising, it usually pulls altcoins along with it, especially tokens like TAO. The AI sector’s market cap continues to grow, which attracts new liquidity.

Traders who were playing the range have probably already taken profits at the upper levels. But now the question is whether there will be further growth, or if this is just a rebound. Negative funding rates can quickly flip if the price continues to rise—then speculators will start opening long positions.

It’s strange how sometimes the market resists analysts’ expectations. The bearish sentiment has shifted to something more neutral, and TAO has felt it.