$PI #PI From a trend perspective on the weekly chart, it should rise but is falling instead.
From the market perspective, as global miners continue to distribute tokens, it will put pressure on the market, making a significant rise impossible in the short term. In the next three to five years, as miners' lock-up periods expire, the market will face even greater pressure. If there are explosive news, there might be a slight rise, but it will be followed by a correction. A substantial rise is likely to wait until the market's unlocking cycle is completed.
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$PI #PI From a trend perspective on the weekly chart, it should rise but is falling instead.
From the market perspective, as global miners continue to distribute tokens, it will put pressure on the market, making a significant rise impossible in the short term. In the next three to five years, as miners' lock-up periods expire, the market will face even greater pressure. If there are explosive news, there might be a slight rise, but it will be followed by a correction. A substantial rise is likely to wait until the market's unlocking cycle is completed.