#pi I previously analyzed it as bullish in the short term and bearish in the long term. Currently, the bullish forecast has been realized, and there is limited room for further upside. Everyone is shouting about price increases, but in reality, the higher it goes, the harder it becomes to go higher. Because as prices rise, more people will sell, and as prices get higher, fewer people will dare to buy. So at current price levels, there is still limited room for further increases. Regarding the long-term bearish outlook, I'm not really in a hurry to enter in the short term. For example, even if we come back to the 0.2-0.24 range, I wouldn't dare to enter the market because of the long-term bearish view. There's also another needle on the 18th of this month. The 90 billion scale is also like a sword hanging overhead. We also need to reference the overall market's bull-bear cycle. If we reach May or June with prices in the 0.13-0.24 range, then I'd dare to enter some position, because the bear market may have already moved into the oscillation phase. I predict the market during this time period will be more depressed than now. If under this environment, pi's price stabilizes, we can consider bottoming out complete. At current prices, even if it falls back to 0.24, it wouldn't count as bottoming out, just passing through. So I don't want to touch pi in the short term—there are too many unstable factors. I'll play some coins that are relatively stable and have completed bottoming out, and wait for pi to stabilize before reconsidering. It doesn't matter when you trade this thing, the total supply is fixed anyway. Without practical ecosystem utility, it's not so easy to take off. Look at all projects with 100 billion total supply—do any have high unit prices? We're earning money, not coins. We're trading the market fluctuation cycles of coins. If you're really that confident about a coin reaching hundreds of U, you only need to keep 1000 coins and that's enough.
That's right. There are tokens being released every day, but don't forget that mining over a thousand coins takes several years. For just a thousand or two thousand dollars, few people would be willing to sell all of them. Those with just dozens of coins definitely won't sell—they'll only buy more.
#pi I previously analyzed it as bullish in the short term and bearish in the long term. Currently, the bullish forecast has been realized, and there is limited room for further upside. Everyone is shouting about price increases, but in reality, the higher it goes, the harder it becomes to go higher. Because as prices rise, more people will sell, and as prices get higher, fewer people will dare to buy. So at current price levels, there is still limited room for further increases. Regarding the long-term bearish outlook, I'm not really in a hurry to enter in the short term. For example, even if we come back to the 0.2-0.24 range, I wouldn't dare to enter the market because of the long-term bearish view. There's also another needle on the 18th of this month. The 90 billion scale is also like a sword hanging overhead. We also need to reference the overall market's bull-bear cycle. If we reach May or June with prices in the 0.13-0.24 range, then I'd dare to enter some position, because the bear market may have already moved into the oscillation phase. I predict the market during this time period will be more depressed than now. If under this environment, pi's price stabilizes, we can consider bottoming out complete. At current prices, even if it falls back to 0.24, it wouldn't count as bottoming out, just passing through. So I don't want to touch pi in the short term—there are too many unstable factors. I'll play some coins that are relatively stable and have completed bottoming out, and wait for pi to stabilize before reconsidering. It doesn't matter when you trade this thing, the total supply is fixed anyway. Without practical ecosystem utility, it's not so easy to take off. Look at all projects with 100 billion total supply—do any have high unit prices? We're earning money, not coins. We're trading the market fluctuation cycles of coins. If you're really that confident about a coin reaching hundreds of U, you only need to keep 1000 coins and that's enough.
@派行者