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$PI Still the same saying: if it pumps up, go short. As long as the broader market hasn’t stopped falling, and pi hasn’t stopped falling, don’t try to guess the bottom. Set your stop-losses properly. Right now, pi has some bottoming characteristics, but that’s only under the condition that the broader market will not continue to drop. If the broader market falls and drives pi below 0.145-0.146, it could trigger a stampede among long positions, and the price may quickly probe lower. In this situation, no capital will come in to pump the market—don’t keep fantasizing. When a trend forms, who wouldn’t want to pick up low-priced chips? Why go against the money?