TAO · Market structure
Bittensor (TAO) market structure today
Bittensor market structure on the 1h, 4h and daily charts, recalculated every hour from closed Binance perpetual candles, with the last swing high and low and the close that would flip each trend.
Last updated: 2 November 2026, 06:20 UTC
Market structure now
Calculated from closed candles of the Binance TAOUSDT perpetual, last price 230.28.
| Chart | Trend | Last swing high | Last swing low | Trend flips on | RSI 14 |
|---|---|---|---|---|---|
| 1h | Bearish | 238.47LH · | 231.07LL · | Close above 238.47turns it bullish · 3.56 percent away | 39.7 |
| 4h | Bearish | 262.41HH · | 219.60LL · | Close above 262.41turns it bullish · 13.95 percent away | 40.9 |
| Daily | Bearish | 341.30HH · | 252.58LL · | Close above 341.30turns it bullish · 48.21 percent away | 34.6 |
Summary built from the table The 1h, 4h and daily trends are all bearish. The 1h trend turned bearish with a close below 234.87 at 18:00 UTC on 1 Nov, the 4h trend with a close below 245.54 at 00:00 UTC on 30 Oct, and the daily trend with a close below 281.75 on 8 Oct. The 4h and daily higher highs do not change those trends: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 238.47 on the 1h chart, 3.56 percent from the last price; a 1h close above it would turn the 1h trend bullish.
- Last 24 hours (rolling, at calculation time): down 3.16 percent, range 230.26 to 238.47.
- Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at ; the contract pays every 4 hours. Funding rates across the market
- Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.
Recent swing points
- 1h: lower high 238.94 (), higher low 234.87 (), lower high 238.47 (), lower low 231.07 ()
- 4h: lower high 256.07 (), higher low 245.54 (), higher high 262.41 (), lower low 219.60 ()
- Daily: lower low 213.02 (), higher high 341.30 (), higher low 281.75 (), lower low 252.58 ()
How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.
About Bittensor
Bittensor is a network where participants compete to provide machine-learning work, such as model outputs, and are rewarded from network emissions; since the 2025 dynamic TAO upgrade, rewards come in each subnet’s own token, priced against TAO. The work is split into subnets, each focused on one task, with validators scoring the miners in their subnet.
TAO has a supply cap of 21 million, the same number as Bitcoin, and its issuance is cut in halvings as the supply grows. A 2025 upgrade called dynamic TAO gave each subnet its own token, priced against TAO.
TAO is often grouped with other AI tokens, so sector headlines can move it alongside them. Bittensor had no pre-mine or token sale: every TAO in circulation was issued as a network reward.
How to use this page
Start with the timeframe you actually trade, then look one step up. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.
How Finora reads a chart explains how a read is built. Treat every number here as a note from the time printed next to it, then check the live chart before you act.
Educational content, not financial advice. The structure data is calculated automatically and can be wrong or out of date by the time you see it. Trading involves risk; you make your own decisions.