With the official launch of the Mainnet, the six-year journey of Pi Network is coming to an end. PI opened at 2.2 US dollars in the afternoon, and is now trading at 1.4 US dollars! The circulating Market Cap is 2.1 billion US dollars! The total Market Cap is 140 billion US dollars! Beware of speculation! The total supply of Pi is 100 billion, with over 6 billion truly on the mainchain through KYC, over 4.5 billion in lock-up position, and over 1 billion in circulating supply. If you plan to get involved with PI, you should know that Pi has ambitious goals, which is very attractive. The project aims to integrate social, development tools, and real-world applications. Currently, its ecosystem has over 80 applications developed by the community, such as Map of Pi and 1pi Mall. If PI can establish a Decentralization network with global influence and a large number of users, it is likely to stand out in the Cryptocurrency market and become a strong competitor. Pi coin is currently at a critical juncture. Whether it will continue to rise or decline due to its own flaws remains to be seen, depending on how the market develops over time.
Bitcoin's white plate explores along the 96500, pushing the price up to above 97000. Ethereum also follows the pace of Bitcoin. After stabilizing around 2700, the price is also rising, reaching a peak near 2758. Although Bitcoin's afternoon fluctuations are not significant, attention should be paid to the announcement of the unemployment benefits at 9:30 in the evening, which is likely to affect the price trend. Currently, the price is around 97100. The volatility is gradually shrinking, and the market lacks liquidity, with low trading sentiment. From a four-hour perspective, the upper band of the Bollinger Bands forms strong resistance, and multiple attempts to explore have failed to hold steady. However, the bulls still maintain volume without reduction. Now, it only needs to exchange time for space and build a double bottom support grid in the short term to form a oscillating upward trend. However, the overall market is defined as a state of oscillation, with intense competition between long and short positions. At the four-hour level, the structure relies on the lower rail to start oscillating rebound correction. Although there is a rebound in the short term, it is not strong enough to pull up, but the retracement is slowing down. The structure reveals an obvious tendency of strong oscillation. However, the sustainability of this trend is still in doubt, leading to a lack of one-sided momentum. Therefore, it is advisable to focus on short-term operations in the evening, maintaining a long position, and mainly adding positions on pullbacks. Adjustments can be made flexibly if breakthroughs occur during the closing period.
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With the official launch of the Mainnet, the six-year journey of Pi Network is coming to an end. PI opened at 2.2 US dollars in the afternoon, and is now trading at 1.4 US dollars! The circulating Market Cap is 2.1 billion US dollars! The total Market Cap is 140 billion US dollars! Beware of speculation! The total supply of Pi is 100 billion, with over 6 billion truly on the mainchain through KYC, over 4.5 billion in lock-up position, and over 1 billion in circulating supply. If you plan to get involved with PI, you should know that Pi has ambitious goals, which is very attractive. The project aims to integrate social, development tools, and real-world applications. Currently, its ecosystem has over 80 applications developed by the community, such as Map of Pi and 1pi Mall. If PI can establish a Decentralization network with global influence and a large number of users, it is likely to stand out in the Cryptocurrency market and become a strong competitor. Pi coin is currently at a critical juncture. Whether it will continue to rise or decline due to its own flaws remains to be seen, depending on how the market develops over time.
Bitcoin's white plate explores along the 96500, pushing the price up to above 97000. Ethereum also follows the pace of Bitcoin. After stabilizing around 2700, the price is also rising, reaching a peak near 2758. Although Bitcoin's afternoon fluctuations are not significant, attention should be paid to the announcement of the unemployment benefits at 9:30 in the evening, which is likely to affect the price trend. Currently, the price is around 97100. The volatility is gradually shrinking, and the market lacks liquidity, with low trading sentiment. From a four-hour perspective, the upper band of the Bollinger Bands forms strong resistance, and multiple attempts to explore have failed to hold steady. However, the bulls still maintain volume without reduction. Now, it only needs to exchange time for space and build a double bottom support grid in the short term to form a oscillating upward trend. However, the overall market is defined as a state of oscillation, with intense competition between long and short positions. At the four-hour level, the structure relies on the lower rail to start oscillating rebound correction. Although there is a rebound in the short term, it is not strong enough to pull up, but the retracement is slowing down. The structure reveals an obvious tendency of strong oscillation. However, the sustainability of this trend is still in doubt, leading to a lack of one-sided momentum. Therefore, it is advisable to focus on short-term operations in the evening, maintaining a long position, and mainly adding positions on pullbacks. Adjustments can be made flexibly if breakthroughs occur during the closing period.