Pyth Network (PYTH) price prediction: Whale Accumulation exceeds 22 million USD + golden cross pattern resonance, expected to rise another 80% to 0.4 USD.

Stimulated by the favorable information of the U.S. Department of Commerce adopting the Pyth Network for on-chain verification of GDP data, the PYTH Token surged over 100% within 24 hours. Although the current price of $0.223 still has a huge gap from the historical high of $1.20, on-chain data shows a net outflow of 77.2 million PYTH (worth $17.2 million) from the exchange, while top addresses increased their holdings by 24.1 million. Coupled with the bullish momentum indicators on the 4-hour chart continuing to improve, analysts believe that after breaking through the resistance level of 0.2622, it is expected to target $0.4.

1. US government data on-chain ignites demand, exchange experiences huge net outflow.

The U.S. Department of Commerce's initiative to distribute GDP data through the Pyth Network on blockchain platforms such as Bitcoin, Ethereum, and Solana has directly triggered a surge in demand for the PYTH network. On-chain monitoring shows that centralized exchanges experienced a net outflow of 77.2 million PYTH (approximately $17.2 million) within 24 hours, indicating a significant shift of funds towards off-chain storage, with selling pressure significantly reduced. Although ordinary whale addresses reduced their holdings by 2.86%, the top 100 addresses simultaneously increased their holdings by 24.1 million (worth $5.37 million), resulting in a net absorption of over $22 million in chips, reflecting institutional-level recognition of long-term value.

2. The shape of the amplifier indicates high volatility, the 50-day EMA is about to cross above the 100-day EMA.

The daily chart shows that PYTH has formed a typical Megaphone Pattern, with the price difference between highs and lows continuously expanding, indicating an increase in volatility. Notably, the 50-day Exponential Moving Average (EMA) is about to cross above the 100-day EMA, forming a golden cross—this technical signal has previously triggered significant bullish trends. The EMA indicator identifies trend direction by weighing recent price data, and a short-term moving average breaking through a long-term moving average usually signifies that buyer strength is dominating, providing momentum support for a breakout above the upper boundary of the Megaphone Pattern.

Three, the 4-hour chart shows strong bull run momentum, with the key support level at 0.1935 acting as a dividing line between bulls and bears.

(Source: TradingView)

Short-term analysis shows that bulls still control the situation: the 4-hour Bull-Bear Power (BBP) indicator remains positive, indicating that buying pressure is overall stronger than selling pressure. Current attention should be focused on the two major support levels of $0.1935 and $0.1730; if these are broken, it could reverse bullish expectations. On the upside, after breaking through the resistance level of $0.2622, the target could be seen at $0.4 (representing nearly an 80% rise from the current price). Investors should be cautious of high volatility risks, especially the short-term profit-taking pressure after the realization of favourable information.

[Conclusion] The recent surge of PYTH is driven by a combination of favorable information (U.S. government data on-chain), on-chain accumulation signals (net outflows from the exchange + whale accumulation), and technical breakthroughs (golden cross pattern). Although short-term volatility is inevitable, whether it can effectively stabilize at the key level of $0.26 will open up new upward space. It is recommended to continue to pay attention to the official cooperation progress of Pyth Network and changes in large on-chain address holdings.