$PI Actually, according to normal pacing, pi should have gradually risen from 0.13, but midway it seems to have been targeted by hot money that came in and cut a wave of retail investors, leaving the market in pieces.
$PI From the daily chart structure, as long as the uptrend doesn't effectively break below 0.189, the overall trend hasn't turned bearish. If we can't hold it, prepare for a sharp decline.
$PI This obvious oscillation accumulation pattern—once they've accumulated enough, they'll pump it; if they haven't accumulated enough, they'll keep smashing it to create panic.