#pi I previously analyzed short-term bullish, long-term bearish. Currently the bullish scenario has been realized, and there's limited upside room for further increases. Everyone is calling for a rally, but in reality, the higher it goes, the harder it becomes to go higher. Because after the price rises, more people will sell, and when prices are high, fewer people dare to buy. So at the current price level, there's limited room for further gains. As for the long-term bearish outlook, I'm really not too confident about short-term entries. For example, even if we return to the 0.2-0.24 range now, I wouldn't dare enter because of my long-term bearish view. There's also another pin bar on the 18th this month. The 900 billion market cap also hangs like a sword above the head. We also need to reference the overall market bull-bear cycle. If the time comes to May and June, and the price is in the 0.13-0.24 range, then I'd dare to enter a position, because the bear market might have already reached the shock period, and I expect the market sentiment during that timeframe to be even more depressed than now. In that environment, if Pi's price stabilizes, it can also be considered bottom-building complete. At the current price level, even if it returns to 0.24, it's not a bottom—it's just passing through. So I don't want to touch Pi in the short term, there are too many unstable factors. I'll play some coins that are relatively stable with established bottoms, and wait for Pi to stabilize more before reconsidering. This thing can be played anytime, with total supply fixed, without practical ecosystem utility, it's not easy to take off. Look at all projects with 1 billion total supply—are there any with high unit prices? We're earning money, not coins. We're speculating on the market cycles of coins. If you're really that confident about a coin reaching hundreds of dollars, then keeping 1000 coins would be enough.


@PiPath
PI-5.03%
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Tahahavip
· 6h ago
That's right, there are coins being released every day, but don't forget, mining over a thousand coins took several years to accumulate. For just a thousand or two thousand dollars, few people would be willing to sell all of them. Those with only dozens of coins definitely won't sell at all; they'll only buy more.
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GateUser-d1d9b5favip
· 7h ago
Rational analysis - impressive. I'll wait until 0.15 to enter.
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