24 hours: from 1.353 down to 1.185. This bearish candle ($PIEVERSE ) has shaken quite a few people out of their positions. 📉 But when I checked the on-chain data on the chain, something interesting showed up—price is down 3.75%, with trading volume of 4.64 million U. That volume isn’t small if you put it in the Alpha sector. The key is that the decline has narrowed: around the low near 1.185 there’s support, not the kind of crash where it just keeps falling.
In the community right now, there are two camps: one says the Alpha sector has been cooling off recently, with capital rotating back into $BTC and mainstream names; the other is betting that $PIEVERSE at this level is a “golden pit.” I looked at a few veteran KOLs, and none of them really said much—this kind of silence usually means they’re still observing. To put it simply, Alpha-sector coins are emotion amplifiers: they can rally crazily and they can dump hard too. Whether 1.18 can be held is more important than trying to guess the bottom.
$PIEVERSE #行情分析 #on-chain data
In the community right now, there are two camps: one says the Alpha sector has been cooling off recently, with capital rotating back into $BTC and mainstream names; the other is betting that $PIEVERSE at this level is a “golden pit.” I looked at a few veteran KOLs, and none of them really said much—this kind of silence usually means they’re still observing. To put it simply, Alpha-sector coins are emotion amplifiers: they can rally crazily and they can dump hard too. Whether 1.18 can be held is more important than trying to guess the bottom.
$PIEVERSE #行情分析 #on-chain data