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$PI Not optimistic: Although it currently seems like there are signs of a bottom at $0.11751, I am not optimistic. Because it is still just a rebound, and the rebound strength is still relatively weak. On the daily chart, there hasn't been a volume-driven rally with at least a 5% increase in bullish candles. This kind of weak rebound can be wiped out at any time by a single bearish candle. The lack of volume-driven bullish candles indicates no major capital participation. Without fully open-source data, the movement of π coin basically follows Bitcoin. Although the weekly trend of π coin is still okay, Bitcoin's weekly and monthly charts are still upward with no signs of reversal. Therefore, π coin cannot form an independent trend and will inevitably be dragged down by Bitcoin, so I am not optimistic.