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#PI - Short-term Price Pressure: As of December 10, PI is approximately $0.2201, down about 12% over 7 days, underperforming mainstream cryptocurrencies during the same period; technical analysis shows MACD trending downward, nearing support levels, with a potential drop below $0.20.
- Unlocking Sparks Market Concerns: The unlocking of 190 million tokens may lead to potential selling pressure, and market sentiment remains cautious, with the Crypto Fear & Greed Index in the "Extreme Fear" zone.
- Domestic Regulatory Risks: On December 5, seven associations jointly issued warnings about virtual currency risks, specifically mentioning illegal activities related to "π coins" and other pump-and-dump schemes; domestic trading and speculation are not protected by law.