The market conditions have been choppy in recent weeks, with Bitcoin bouncing between $65,000 and $72,000. However, TAO, the native coin of the Bittensor project, has been one of the steady performers during that period. TAO is currently trading at $341 on Wednesday after surging by nearly 10% so far this week. Improving sentiment across the derivatives market supports a bullish outlook for TAO, while technical analysis suggests a continuation of the bullish trend, aiming for levels above $400 in the upcoming days. TAO rallies as derivatives data support a bullish bias TAO is up by 9% in the last 24 hours and is now trading at $341 per coin.
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