Pi Coin rebounds from the bottom aiming for new highs: After a deep adjustment at the monthly level, Pi Coin has recently strongly reclaimed the critical mark of 1 USD, demonstrating a robust bottom reversal trend.
As ecological development enters the fast lane, two key events are about to land: the ecological white paper will be officially released on May 14, and it will debut at the Toronto Global Blockchain Conference on May 16, injecting new imagination into the market.
On-chain data reveals significant capital movements, with whale investors and institutional funds continuously increasing their positions, and large orders appearing frequently, indicating strong optimism from market leaders regarding the prospects of Pi Coin.
From a technical analysis perspective, a standard head-and-shoulders bottom pattern has formed at the weekly level. The confirmation of this classic reversal pattern signals the start of a medium to long-term upward trend.
More importantly, Pi Coin has made substantial progress in compliance processes and ecological construction, laying a solid foundation for its value support.
As market enthusiasm for accumulation gradually rises, a chip battle around Pi Coin has already begun, and its subsequent performance is worth close attention from investors.
