Coin Analysis: Render (Render Network), as the absolute leader in the decentralized GPU computing network (DePIN) and the AI segment, has shown strong downside resilience amid the current market sector rotation. Supported by demand for AI infrastructure and the narrative of decentralized computing, the price is currently trading in a range of about $1.58 to $1.65 USD, oscillating while building a bottom. Cycle Stage: Currently in the consolidation and accumulation/“chip cleaning” phase after a medium-term pullback, and under the shadow of broad-market deleveraging, the trend is clearly stronger than most established Layer-1 blockchains. Support and Resistance: The key technical support level below is at the $1.50 USD round-number mark, which is also the defensive fortress for long-term bulls; the main short-term technical resistance above is expected to be between $2.02 USD (near the 200-day moving average) and $2.27 USD. Market View: RENDER’s core fundamentals are still driven by the rigid, inelastic global demand for GPU computing power. In recent days, major governance-positive news has come from the ecosystem: the RNP-023 proposal has been officially passed, integrating Salad Network as an exclusive subnet into the Render ecosystem—this brings a large amount of GPU supply and real-world (RWD) AI/rendering workloads on-chain. Although, in the short term, the price has experienced a technical pullback as the Bitcoin market moves into the final stage of deleveraging and risk appetite declines—leading to price retracement—once the accumulation and distribution cycle of chips/position cleaning nears completion and the market’s liquidity replenishes, RENDER, as a benchmark AI crypto asset, has extremely strong resilience and strong valuation-recovery potential. Disclaimer: This article is for reference only and does not constitute investment advice. Cryptocurrencies carry a high level of risk. Before investing, please conduct your own research and make a prudent assessment. #AI基礎設施 #DePIN板塊 #去中心化算力 $RENDER