$PI $PI Subject to dual pressure from macro inflation and technical factors, near-term adjustment risk is relatively high.

In the market, 20% are optimistic, 50% are pessimistic, and the rest are neutral.

Optimistic views hold that:
- PI found support in the $0.16-0.17 region, the 4-hour chart shows signs of rebound, and buyers are stepping in.
- PI ranks in the top three on a certain platform's hot coins ranking, market sentiment remains present.

Pessimistic views hold that:
- PI price is under strong pressure from the 50-EMA at the $0.198 level, weekend rebound was rejected with shrinking trading volume, forming a bearish divergence.
- PI has formed a standard head-and-shoulders top pattern, with the right shoulder formed at $0.192; if it breaks below the neckline at $0.167, it will target $0.093, representing a downside of 45%.
- If March closes below the major support of $0.16, it will confirm a deeper adjustment with risks expanding below $0.06.
- The U.S. February PPI MoM increased 3.4% exceeding expectations, core PPI at 3.9% hit a 13-month high, macro inflation pressure rising, market risk-off sentiment intensifying, entire crypto assets facing selling pressure.
- Middle East tensions rising, crude oil and gold strengthening, Federal Reserve's hawkish stance reinforcing, traders lacking confidence in the bull case leading to panic exits.