Marketplace Release

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Pi Network: Exploring Cryptocurrency from Mobile Mining to Mainnet Launch Pi Network is a new digital encryption currency project based on mobile device platforms, uniquely allowing users to "Mining" through a mobile application, significantly lowering the participation threshold. Unlike traditional Crypto Assets that require a large amount of power and specialized equipment for Mining, Pi Network aims to enable more ordinary users to participate in the Crypto Assets ecosystem. However, this project, which started in 2019, has long failed to achieve the launch of its Mainnet, and users' "Mining" activities are essentially in a state of inertia. The project's token acquisition mechanism relies more on recommending new users to register rather than on traditional blockchain consensus mechanisms, which has sparked some controversy. After six years of development, Pi Network has finally announced the launch of the Mainnet, and multiple trading platforms have started to offer Pi coins.

The Bitcoin Layer 2 project Bitlayer recently completed a $11 million Series A financing round led by a well-known investment institution. The funding will be used to strengthen global expansion and promote the application of Bitcoin in the Decentralized Finance field. Bitlayer is committed to building a native Layer 2 to enhance the scalability and application scenarios of the Bitcoin ecosystem, and will continue to promote the rise of Bitcoin in the future.

BTC is as hard as if it will never fall below 100,000. The altcoins are falling as if they will never rise again. ——Lu Xun #BTC##ETH##PI#

The cryptocurrency market is showing a volatile trend today, with major tokens facing crucial support levels. Bitcoin (BTC) experienced a pullback last night, and the daily level adjustment is still ongoing. Traders need to closely monitor the key level of $106,300 today. If BTC can stabilize above this level, it may signal the end of the daily level pullback and potentially reopen the upward trend. In this case, the resistance levels above are at $107,110, $107,800, and $108,770. However, if the short-term rebound lacks strength and fails to break through $106,300, then the support levels below will be at $105,200, $104,200, and $103,120. Ethereum (ETH) fell to a low of $2,367 last night. In today's trading, $2,433 will be a key level. If ETH can firmly hold above this level, it may also indicate the end of the daily adjustment, with the potential to restart the upward trend. In this case, the upper resistance levels are at $2,467, $2,502, and $2,523 respectively. However, if the short-term rebound is weak and fails to break through $2,433, ETH may test the support levels of $2,406, $2,378, and $2,353 again. Solana (SOL) is currently oscillating near the key level of $150. If it can stabilize effectively at the 4-hour level, the target price levels above would be $154.7, $158.6, and $161.6. However, if it cannot break through $150, the support targets below will be at $144, $140, and $137. Market participants should closely monitor these key price levels, as they may serve as important indicators for judging short-term trends. At the same time, attention should also be paid to overall market sentiment and macroeconomic factors, as these factors can also have a significant impact on encryption currency prices.