Institutional Buyers Quietly Accumulate Pi Coin as Recovery Signs Emerge

Pi Coin holders are cautiously optimistic after the cryptocurrency's recent 33% price collapse, as early signs of recovery emerge. The altcoin, which hit an all-time low of $0.153 in late August 2025, has stabilized near $0.20, with key technical indicators suggesting a potential reversal. The Chaikin Money Flow (CMF) metric, which tracks institutional buying pressure, has shown a notable uptick, signaling renewed inflows into Pi Coin. Analysts attribute this to a combination of improved market sentiment and strategic accumulation by larger investors, who appear to be capitalizing on the dip [1].

Technical analysis further supports the case for a rebound. The Moving Average Convergence Divergence (MACD) indicator is approaching a bullish crossover, a pattern historically linked to short-term price surges in Pi Coin. A confirmed crossover-where the MACD line crosses above the signal line-could validate the shift in momentum and attract additional buyers. This development aligns with broader crypto market stabilization, though risks remain due to ongoing US-China trade tensions and the broader sector's volatility [2].

On-chain data reveals a shrinking sell volume and steady money flow, suggesting that sellers are losing control of the price action. Wyckoff-style volume spread analysis highlights yellow bars (indicating weaker selling pressure) replacing red bars (strong selling), a pattern last seen in early August before a 40% rally. The CMF remains above zero, reinforcing the view that institutional players are quietly accumulating Pi Coin despite smaller investors' caution [3].

The Relative Strength Index (RSI) has also formed a bullish divergence, with the price making lower lows while the RSI forms higher lows. This discrepancy often signals weakening downward momentum. At $0.201, Pi Coin is near the 0.236 Fibonacci retracement level. A close above $0.205 on the 12-hour chart could trigger a breakout toward $0.238, marking an 18% gain. However, a drop below $0.184 would invalidate this optimistic scenario and push the price back toward $0.153 [4].

Despite these positive signals, challenges persist. Over 620 million Pi tokens are scheduled to unlock by year-end, with the largest release (170 million) set for December. Historical data shows that similar unlocks in July caused a 25% price drop. Additionally, the Pi Network faces scrutiny over its lack of real-world utility and regulatory clarity, which have deterred major exchanges like Binance and Coinbase from listing the coin [5].

The Pi Network's Protocol v23 upgrade and Dr. Chengdiao Fan's upcoming appearance at TOKEN2049 have injected optimism. The upgrade enhances network throughput and scalability, addressing concerns about readiness for mainstream adoption. However, the community remains divided on whether these developments will translate into sustained price gains or merely serve as short-term catalysts [6].

Market watchers are closely monitoring the $0.27 resistance level, a critical threshold for confirming the recovery. A sustained breakout could push Pi Coin toward $0.290, but institutional outflows and macroeconomic headwinds could undermine this progress. Analysts caution that while technical indicators are improving, fundamentals-including token utility and ecosystem growth-must align for the recovery to hold [7].