2025-12-07 01:05:27

$PI Here are some of my thoughts on this coin; if you don't like them, please don't criticize.

PI-2.09%

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GateUser-df2e8be3

· 8h ago

Mainly depends on the sentiment of the major players

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WallStreetTrendResearch

· 8h ago

So, there was a period when Bitcoin rose from $16,000 to $126,000, because Bitcoin had a wave 3 rally on the monthly chart. In an upward 5-wave pattern, wave 3 has the largest increase, and currently Bitcoin is in a wave 4 correction. Many people say that thinking in terms of stocks is useless when it comes to cryptocurrencies, but you can check Bitcoin's monthly chart to see if that's the case.

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WallStreetTrendResearch

· 8h ago

Now it's just a waiting game—when all the daily moving averages converge, it's time to choose a direction. At that point, there will be a significant move. If you're trading spot and the price goes up, add to your position promptly; if it moves in the opposite direction and drops, reduce your position in time. Respect the market.

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OldPa_sSecretExtraLarge

· 8h ago

There are actually still people in the crypto space who say the price will go up just by looking at the charts, without paying any attention to the constant inflation? That’s really unbelievable.

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WallStreetTrendResearch

· 8h ago

So at present, it needs to hold above the daily 5-day moving average for at least 3 days, which is around $0.23, before it’s likely to move upward.

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尼姐

· 8h ago

People always fantasize about the next month, next year, three years, or five years from now, thinking prices will rise to $5, $10, or even $100. In reality, they're just retail investors who have already been taken advantage of 😅

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GateUser-9328df46

· 8h ago

Only after the DEX goes live can the situation be reversed.

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WallStreetTrendResearch

· 8h ago

If you look at the weekly MACD, observe when the two lines cross above the zero axis. From my observation of all types of assets in the past, including stocks, futures, and cryptocurrencies, there is a common characteristic when they experience significant growth: the MACD on the daily, weekly, and monthly charts is never below the zero axis. It's common for the monthly MACD to linger near the zero axis for years, without much upward movement, but once it starts to rise, it can skyrocket. This is what people usually mean when they say, "The longer the consolidation, the higher the breakout."

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Sjfnxnjddndmsmame

· 8h ago

The daily chart can also drive changes in the trends of the weekly and monthly charts.

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