币界网报道：Bittensor's native token TAO has experienced a sharp 30% decline, failing to reclaim the $325 resistance level and now testing support around $250. The AI-focused blockchain project saw its market capitalization drop below $1.6 billion as the broader crypto market faced selling pressure. Technical indicators show TAO breaking below its 50-day moving average, with the Relative Strength Index (RSI) dipping into oversold territory at 28. Analysts note that the $250 support zone is critical - a sustained break below could lead to further downside toward $200. The decline comes despite recent network developments, including new subnet registrations and protocol upgrades aimed at improving Bittensor's decentralized machine learning capabilities. Trading volume has surged 45% during the price drop, suggesting strong selling interest. Some market observers attribute the weakness to profit-taking after TAO's 400% rally earlier this year, while others point to sector rotation away from AI-related crypto assets. The project's founder, Jacob Steeves, maintains that Bittensor's fundamentals remain strong, with over 5,000 active miners participating in the network's machine learning tasks. Derivatives data shows open interest in TAO futures declining by 18%, indicating traders are reducing leveraged positions amid the volatility.