$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.

PI-3.39%
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Bukabuka
· 06-08 00:47
The bill is about to be enacted.
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wa01
· 06-07 22:40
Is the teacher talking about the Cryptocurrency Structural Act?
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WallStreetTrendResearch
· 06-07 14:18
Most of the main funding with large amounts of money still primarily comes from the United States. So, judging from “Fourth”’s style of doing things, as long as the U.S. second proposal doesn’t get implemented, Pi Coin won’t be completely open-sourced. Only once the second-case bill is enacted can Pi Coin be classified as belonging to which category (including Bitcoin).
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WallStreetTrendResearch
· 06-07 14:00
At least see if it can stay steady at $0.13 for 3 days. The mid-term trend has an upward demand, but the concern is being dragged down.
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