#PI# Important Reference News from the United States
U.S. Congressman Dusty Johnson issued a warning to the government: NFT, meme coins, and other junk products have attracted much public attention, and the government should not mess things up. Blockchain technology and Web3 are what really matter and will fundamentally transform all industries. We must ensure that Web3 innovation happens in the United States; this is a watershed victory for America. The transformation of the Web3 network is historic and is not as simple as buying gum with BTC.

💡Information
Analysis: The price of Pi Network token (PI) is under pressure, with weak short-term trends. Data shows that the price of Pi Network ( PI ) has dropped by 0.73% in the last 24 hours, currently reported at $0.43-0.44. Over the past 24 hours, more than 2 million PI tokens have flowed into exchanges, increasing market supply by 0.25%. Although technical indicators show a bullish crossover in MACD, the RSI remains in the oversold range, indicating significant short-term downward pressure. This month, 233 million tokens are scheduled to be unlocked, which could exacerbate selling pres

In the crypto assets market, alt season has always been the most anticipated moment for investors. Historically, Bitcoin and Ethereum have often led the bull run. Recently, Solana briefly drove a wave of memes, but the sustainability was limited. Looking ahead, Ethereum is likely to become a key force driving the entire market once again.
Recently, Ethereum broke through the $3700 mark, setting a new high for this market cycle, with the next target challenge being $4000. In contrast, Solana's performance appears somewhat weak, having dropped nearly half from its peak. This does not mean that S

I firmly believe a 3–4x from here is on the table for $ETH, but don’t expect a straight line up. There will be shakeouts, including a major correction of -20% or more. I still see 4K and potentially 5.5K before that pullback hits. Stay sharp, stay focused.

Ether, short-term

Alon started to panic! The previous status was unshakable, and even if it were shaken, there was no one who could sustain a counterbalance. Now, with Bonk's trading volume occupying 50% of the market share, this pump has brought an unprecedented sense of crisis. The market seems unwilling to pay for the tokens it has purchased. Otherwise, why not learn from TOM and speak Chinese?

I told the owner of a foot massage shop, "Have you noticed that the world's most advanced technology is not in medicine, but in the military? Clearly, people fear death, and medicine can save lives, so it should be the most valued. Yet, humanity is more willing to spend money on weapons. Why? Because killing others guarantees one's own survival better than just staying alive. This is similar to a question I had when I was a kid playing Diablo: why are mana potions more expensive than health potions? Red represents life, while blue is just for casting skills. Later, when I started my own busine

Altlayer, Caldera, Conduit, and Dym are the four major RaaS projects pursued by VC at the beginning of 2024, each with its own backing and significant funding obtained. They seem to have solid clients, but ultimately, only Alt and Dym emerged during the golden era. Alt relies on the narrative of a certain platform and the rapid delivery of clients from a certain trading platform, reaching a peak of 6B, and is now transitioning to narratives related to AI issuance. Dym relies on its strong binding with Tia and belongs to the New York circle.

Will ADA Price Surge 40%, as Whale Activity Surges?
The ADA price has gained significant traction in recent days of July, driven by renewed optimism from the broader crypto space and strong technical indicators.
While this week’s sentiment is totally because of the “GENIUS and CLARITY” bills that are passed and the confidence spurred by Cardano founder Charles Hoskinson, who mentioned the U.S. to lead the next wave of crypto giants, including ADA itself.
This outlook, paired with improving DeFi metrics and on-chain activity, has reinforced the narrative that price of ADA could also be prime

Bitcoin has surged, you can short, it will soon pull back to the 4 points I marked, the position between 113000 and 114000, everyone should not chase rising prices now, wait for the pullback.