🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Pi Network on the path to recovery: PI technology faces pressure, ecosystem expansion aids medium- to long-term rebound.
Despite the fact that the Pi Network Token (PI) has fallen 26% in the past 30 days, the project is showing signs of potential recovery as multiple ecological projects gradually come to fruition. Recent products such as the AI application platform Pi AI Studio, the .pi domain system, online Wallet, and advertising network are opening new avenues for development and monetization on the Pi Blockchain. In the short term, the technical outlook remains under pressure, with prices potentially dipping to $0.36, but if the unlocking pressure eases along with an overall market recovery, Pi is expected to enter a mid-term rebound phase.
Rapid expansion of the ecosystem, Pi is no longer "silent" Despite the continued sluggish trading price of PI, the project itself continues to advance its ecological layout.
The above tools will make developers' application deployment on the Pi mainnet more practical and profitable, enhancing the ecosystem's attractiveness.
The technical outlook is under pressure in the short term, but there are potential rebound opportunities in the medium term Despite the overall weak trend, some technical patterns indicate that there is still rebound potential in the medium term.
$0.46 is a key POC (Point of Control) resistance level, failing to effectively break through in the short term is considered a bearish signal.
The current price shows a double bottom pattern weak consolidation. If a false breakout occurs, it may dip to the $0.36 support zone.
If a bottom can be built in this area, the mid-term structure will be healthier.
Token unlocking pace slows, reducing selling pressure expectations The large-scale token unlocks previously exerted continuous pressure on the PI price, but based on the current pace, this trend is expected to slow down significantly in the coming months, thereby providing structural support for a price rebound.
Market sentiment warms up to support mid-term rebound If the overall cryptocurrency market maintains an upward trend, PI is expected to benefit simultaneously. Especially based on the official launch of the mainnet and the continuous expansion of the ecosystem, the price of PI may gradually recover from the previous fall.
Conclusion Pi Network is currently facing short-term technical weakness, expected to dip to $0.36 to seek support. However, as the unlocking pressure eases and the AI and DApp ecosystem progresses, the project is entering a new development stage. If the overall crypto market maintains a positive sentiment, Pi is likely to welcome a mid-term rebound, gradually recovering its vitality from the shadows. Investors are advised to pay attention to the mainnet progress and the pace of ecological product rollout as a basis for entry and holding decisions.