$PI $PI Under dual pressure from macroeconomic inflation and technical factors, short-term adjustment risk is relatively high.

In the market, 20% are optimistic, 50% are pessimistic, and the rest are neutral.

Optimistic views hold that:
- PI found support in the $0.16-0.17 range, the 4-hour chart shows signs of rebound, and buyers are stepping in.
- PI ranks in the top three of hot coins on a certain platform, market enthusiasm still exists.

Pessimistic views hold that:
- PI price is strongly suppressed by the 50-EMA at the $0.198 level, weekend rebound was rejected and trading volume shrank, forming a bearish divergence.
- PI formed a standard head and shoulders top pattern, with the right shoulder formed at $0.192, if it breaks below the neckline at $0.167 it will point to a $0.093 target, with downside space of 45%.
- If the March close breaks below the key support of $0.16, it will confirm a deeper adjustment, with risks expanding below $0.06.
- The U.S. February PPI month-on-month growth of 3.4% exceeded expectations, core PPI at 3.9% hit a 13-month high, macroeconomic inflation pressure rises, and market risk-averse sentiment strengthens, with the entire crypto asset facing selling pressure.
- Middle East tensions intensified, crude oil and gold strengthened, the Federal Reserve's hawkish stance reinforced, traders lack widespread confidence in a bull market leading to panic exits.