Recent performance and investor sentiment
The recent price drop in PI is one of the best. Altcoin It shows negative profits. Investors were anxious due to this 15% drop. The confidence in the tokens seems to disappear. Many people ask if the PI can recover or whether it is longer.
One reason behind this performance Strong sales pressure. Investors don’t hold tokens for a long time. Instead, they are taking out the money and adding a drop in prices.
Market mark: CMF indicators
that Chaikin Money Flow (CMF) It is a popular tool to check the inflow and leakage of money. The current CMF shows that PI is receiving Some inflow -But it is not enough. There is still indicator Voice zoneIt means that the leak is higher than the inflow.
That means:
- Positive CMF: Purchase more than sales
- Voice CMF: Sales more than purchasing (current situation)
Therefore, some buyers are still interested, but the sales pressure is heavy and the price of PI is lowered.
Correlation with Bitcoin: Problem?
PI network is currently a Negative correlation With ~ Bitcoin – approximately -0.11. This means when Bitcoin is going upPI tends to be Below.
This is especially important because Bitcoin is close to reaching. $ 100,000. This is generally good news for Crypto Market I was injured more PI. The price of the token does not seem to follow the rising trend of Bitcoin.
|
primary factor |
PI network |
Bitcoin |
|
Current price |
$ 0.6077 |
~ $ 100,000 (access) |
|
1 month performance |
-15% |
Positive |
|
Correlation Bitcoin |
-0.11 (station) |
N/a |
|
Investor sentiment |
weak |
strong |
Where can I go next?
If the PI continues to trend and the bitcoin continues to rise, the price can be much lower. The main support level to watch includes:
- $ 0.6077 -The current price (it can be destroyed soon)
- $ 0.5192 -The next support
- $ 0.4000 -Everrogen lowest
If pi If you do not have $ 0.6077, you can also drop to $ 0.5192 or test the $ 0.4000 range. This will be a serious loss for investors.
What can cause rebound?
There is still hope, but certain conditions must be satisfied.
To recover PI, you need:
- Improved investor trust
- Inflow of positive money
- Brake out over $ 0.8727 resistance
- Recovery of the entire market
If PI can overturn $ 0.8727 Support token You can go backward $ 1.0000. This will invalidate the current weakness and inform the beginning of possible recovery.
The final thought of May 2025
The PI network is not a good place now. If the sales pressure, weak market signals and negative connection with Bitcoin are mixed, strong resistance to growth occurs. But like everything EncryptionIf the market conditions are improved, the story can change quickly.
For investors, the best strategy is attention. Watch the price support, news update and bitcoin movements closely.