🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Bittensor (TAO) To Rise Higher? This Emerging Fractal Saying Yes!
Date: Thu, July 10 2025 | 07:12 AM GMT The cryptocurrency market witnessed a major milestone today as Bitcoin (BTC) surged to a new all-time high of $112K. Ethereum (ETH) also joined the rally, climbing close to $2800 with a notable 6% gain. Riding this bullish wave, several altcoins are catching attention — including Bittensor (TAO), the AI-focused crypto. While $TAO has posted a 9% daily gain, what’s really turning heads is its chart structure — one that looks very similar to Sei (SEI), which recently delivered a powerful breakout.
Source: Coinmarketcap TAO Mirrors SEI’s Breakout Structure A closer look at SEI’s chart reveals a textbook falling wedge breakout. After forming the wedge, SEI broke out strongly, reclaimed its 50-day and 100-day moving averages as support, and surged significantly. Now, TAO appears to be tracing that same path.
SEI and TAO Fractal Chart/Coinsprobe (Source: Tradingview The chart shows TAO recently forming a descending broadening wedge pattern and is currently trying to breakout with consolidating just beneath the key 50-day moving average resistance at $370. This setup is eerily similar to SEI’s pre-breakout price action — a consolidation coil right before the breakout. What’s Next for TAO? For TAO to confirm its bullish structure, it must break and hold above the $370 resistance level — which aligns with the 50-day MA. A successful breakout from here could set the stage for a potential run toward its next key resistance at $489. However, it’s important to remain patient. If TAO fails to push above its resistance, it may continue consolidating or even fake out before making a decisive move. Still, the fractal similarity with SEI is encouraging — and it’s giving bulls a reason to stay alert. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.