🚨Major Reversal? The Founder Appears but Triggers a Crash! Is it a Warning for PI's Collapse or a Good Buying Opportunity? 💥📉
What was thought to be the "Night Before Takeoff" turned out to be a "Free Fall".
When PI co-founder Nicholas publicly appeared to share future plans, the community eagerly anticipated the mainnet launch or a major announcement.
What happened? The price plummeted from $0.96 to $0.71, a nearly 30% drop in just a few hours!
📉 Why the sudden crash?
Lack of substantial good news: No announcement of launch dates, partnerships, or key breakthroughs;
"Sell the news" effect: The market was initially expecting news to drive prices up, but instead chose to "sell on the news";
Shaken confidence: The project's pace is slow while competitors are accelerating their efforts.
🤔 What should holders do?
If you obtained PI through free mining, don’t panic, view the short-term volatility rationally;
If you bought in with real money, please calmly assess: should you cut losses, increase your position, or continue to observe? The key is to have a plan rather than follow the crowd!
📌Summary:
This is a typical case of "psychological expectations versus reality gaps".
The market always rewards calm, well-planned traders—not those controlled by emotions.
**The next wave of opportunities belongs to those who truly understand the market!**💪🔥