Pi price

At 8 PM, I saw an opportunity for speculation at midnight on the 19th, which is a systematic demand. Later, at midnight, PCT indeed released a very valuable announcement, but most people may have different understandings. Here are my thoughts: Since the PCT announcement is something that most people cannot understand, as long as there is a rebound, there will be a wave of investors giving up and selling off. And when the announcement came out after midnight, the price seemed to have support. The borrowing whales not only did not increase their borrowing of PI but instead bought back 400,000 to repay the borrowed PI. In my article on July 5, I wrote that when establishing a historical bottom, the additional information from whales is meant to deceive people into selling off and suppressing the price, ultimately to buy back. So how did this timing turn into buying back PI? Perhaps the whales are already prepared. The whales know that PCT has important updates to release. However, many people have been asking me in the past few days about a wallet address that has been continuously buying PI, totaling over 30 million PI. Which institution is it? A valuable part of the recent PCT announcement is that PCT directly clarified the part everyone wanted to know, which is that the wallet with over 30 million is the app studio's APP staking. PCT directly pointed out in the announcement that if users want their listed APP to rank higher, they need to stake more PI. Therefore, many institutions are causing a buying spree to grab visibility, but before this, most participants did not notice this matter. And just now, PCT announced that a total of over 37.7 million PI has been staked, with over 25 million PI in an active staking state. This 37.7 million converts to about 17 million USD, which is not a small amount. This is not something to compare with financing from other projects; this amount is almost all in and not out. Because unless the person listing the APP does not want anyone to use their APP, who would not want their APP to have consumers? Therefore, my view is that this announcement needs promotion; it has the opportunity to open another path for takeoff. But what the final result will be, as long as there is a wave of buying on the morning of the 19th, it will continue to rise. And who will be the buyers in the morning? I do not know. Quickly promote this so that this important big player can feel the risk is low and enter the market. As long as they can enter and buy PI, then before the 24th, it will be a very good trend-following route. Unless there is no rise by the 24th, then we may need to prepare for a new wave of whales to suppress again. By that time, the historical bottom of the 5th will be useless, because by then, the whales will be ready to launch a new offensive.