- Short-term price pressure: As of December 10, PI is quoted at approximately $0.2201, a 7-day decline of about 12%, underperforming major cryptocurrencies during the same period; technical analysis shows MACD trending downward, approaching support levels, with a potential fall below $0.20. - Unlock concerns trigger market worries: The unlocking of 190 million tokens presents potential selling pressure, and market sentiment remains cautious, with the Crypto Fear and Greed Index at the "Extreme Fear" level. - Domestic regulatory risks: On December 5, seven associations jointly warned about virtual currency risks, specifically mentioning illegal activities related to "π coin" and other pump-and-dump schemes. Domestic trading and speculation are not protected by law.
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#PI
- Short-term price pressure: As of December 10, PI is quoted at approximately $0.2201, a 7-day decline of about 12%, underperforming major cryptocurrencies during the same period; technical analysis shows MACD trending downward, approaching support levels, with a potential fall below $0.20.
- Unlock concerns trigger market worries: The unlocking of 190 million tokens presents potential selling pressure, and market sentiment remains cautious, with the Crypto Fear and Greed Index at the "Extreme Fear" level.
- Domestic regulatory risks: On December 5, seven associations jointly warned about virtual currency risks, specifically mentioning illegal activities related to "π coin" and other pump-and-dump schemes. Domestic trading and speculation are not protected by law.