Layer 1 · rank #40

Bittensor TAO

$262.35-1.2% 1d+13.9% 7d+28.8% 30d

Watch Recovering Phoenix · monthly · score 41.8 mixed

  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 183.33 (Jul 2026), month 2 of a cycle that has typically run 4.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 188.40 (Aug 2026), week 3 of a cycle that has typically run 6.5. Cycle-low confidence 65%.
  • Daily: bar is a red inside bar. Last confirmed swing low 214.88 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 29%.
  • Watch: 51% below the 2025-11-01 high; +83% off the 365-day low.
  • Phoenix: 74% decline over 9 months, monthly swing low confirmed (next-bar), now +83% above the trough; pullback #5 confirmed 2026-08-30.
  • Gauges: Mayer multiple 1.11 (neutral); -48% from the all-time high.
From the peak to today, log scale
145.76271.15504.402025-042025-122026-09peak 540.00low 143.10 (74%)false bottommonthly trigger 215.41

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
1g 2Dr 2Dr 2Ug 2Ug
Confirmed low
$183.33 · 2026-07-31
Position
2 of median 4.0 (max 5)
Current low
$143.10 · confirmed
Cycle-low odds
Confirmed lows
5

Weekly 1

Last bars
1r 3g 2Ur 3g 1r
Confirmed low
$188.40 · 2026-08-23
Position
3 of median 6.5 (max 11)
Current low
$183.33 · confirmed
Cycle-low odds
65% · in band
Confirmed lows
13

Daily 1

Last bars
2Ug 2Ur 2Ug 2Ug 1r
Confirmed low
$214.88 · 2026-09-02 (daily)
Position
5 of median 5 (max 15)
Current low
$214.88 · confirmed
Cycle-low odds
29% · in band
Confirmed lows
96

Phoenix

stopped falling, by the rules
Peak
$540.00 · May 2025
Trough
$143.10 · Feb 2026
Decline
-73.5% over 9 months
Above trough
+83.3%
Monthly
confirmed (next-bar) · trigger $215.41
Weekly
confirmed (late (2 bars))
False bottom
$287.55 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #5 low $188.40 confirmed 2026-08-30 · trigger $250.25
Score 41.8
decline21.8
confirmation25
earliness0
stale-15
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health47 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
15.69 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
2.19 x6.1 / 15
Size (market-cap rank)
survivorship
40 #9 / 15
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
51.56 x0.0 / 15
Age on Coinbase
survived a cycle
1.5 yrs3.0 / 10
usagecould not look — no source data
momentumcould not look — no source data

5 of 7 measurable; score renormalized over what was measurable.

Market cap
$2.52B
Fully diluted
$5.51B
24h volume
$395.5M
Circulating
9,597,491 of 21,000,000 max
All-time high
$757.60 · 2024-03-07 (-65.4%)
TVL
$48.9M (chain)
Fees 30d
Revenue 30d
Fees 1y
Mayer multiple
1.106 · neutral
Pi cycle
0.421
On Coinbase since
2025-02-20 (565 bars)
CoinGecko id
bittensor