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#PI# If Pi Network stays above $0.8 for several days, it may establish a higher low. Tonight's "Old 4" conference could be a key catalyst.
According to several community observers, if Pi Network (PI) manages to close above $0.8 for multiple consecutive daily sessions, it will technically confirm a "higher low," which may indicate that a new upward trend is about to begin. Market sentiment is warming up, and investors are generally focused on the upcoming "Old 4" annual speech conference happening tonight.
The theme of this conference is **"The Integration of AI Artificial Intelligence and Web3 Blockchain," where the founder of Pi Network (community nickname "Old 4") will deliver a keynote speech. Community rumors suggest that Pi Network may announce an open-source timeline during the speech**. Once this news is confirmed, it could become a significant boost.
Market analysts believe that if the open-source plan is implemented, combined with the resonance of Web3 and AI concepts, the price of Pi token (PI) is expected to violently break through the $2 mark in the short term. Technical analysts also point out that the current $0.8 is a key support level; if it effectively breaks through and stabilizes, it may open up upward space in the future.