PI mentioned at 4 AM on the 25th that there would be an important announcement from PCT around 6 AM on the 26th. At 4 AM today, on the 2nd, PCT made the announcement. However, similarly, this announcement is difficult for most people to understand. But I think it is important, and there are some strange points: 1. At 6 PM on the 25th, it was mentioned that after the rebound ends, attention should be paid to the borrowing whales, and at 11 PM, the situation began to be noticed, with borrowing whales appearing to borrow 800,000 coins for sale. Usually, borrowing whales will short both the spot and the contract simultaneously, becoming the main players in both. However, it was observed that the main force in the spot market was different from that in the contract market, meaning that the buying power in the spot market had a greater influence than the borrowing whales. Subsequently, it was seen that the 800,000 coins borrowed by the whales not only did not cause a significant drop but were all bought back, leading to a rebound. Moreover, the borrowing whales continued to borrow 300,000 coins for sale, and despite this, they were all bought back and the price continued to rise. By 5 AM, the borrowing whales realized something was off and quickly repurchased and returned 1.1 million coins. This proves that there is a significant buying force present in the spot market. 2. PCT released an announcement at 4 AM, which seems useless, but I think it is very important. My view is: It looks like the KYC mapping accounts have already been processed and are no longer overloaded, with many vacancies. "I believe that normal operators would not expect their project's user base to be this large." "I think the initial expected number of users for PCT during its design phase was far lower than the current number." Therefore, I feel that the current number of users is too high, leading PCT to believe that it has exceeded expectations significantly, and they can do better. Thus, they are continuously conducting KYC mapping to enhance network security, which is why they have not yet transitioned to the mainnet. So my view is that PI has long had enough quantity to transition to the mainnet. Therefore, it would be better for everyone to take a step back and not let new users conduct KYC for now, allowing PCT to feel that the global user base has been adequately processed, so they can transition to the mainnet. Ultimately, after the transition to the mainnet, new users can start the KYC process. This way, most investors can see the price break through the difficulties. What are your thoughts? #PI #pi