Bitcoin News Today: Pi Coin's Mainnet Hype Faces Bull-Bear Technical Crossfire

Pi Coin has demonstrated relative resilience in the recent crypto market downturn, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). While BTC and ETH faced corrections amid Bitcoin's failed attempts to break above $120,000, Pi Coin's token price rose 6% to $0.477, bucking the broader trend Pi Coin Price Faces 30% Crash Risk As Bearish Patterns Clash With A Key Support^[3]. This performance is attributed to Pi Network's growing user base, nearing 50+ million users, and anticipation surrounding its Mainnet launch Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1]. The project's mobile-first mining model and low energy consumption differentiate it from energy-intensive competitors like BTC Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1].

Technical analysis highlights mixed signals for Pi Coin. A hidden bullish RSI divergence and weakening bearish strength, as indicated by the Bull-Bear Power (BBP) indicator, suggest potential short-term stabilization Life of Pi Coin Could Get Easier If Key Divergence Holds^[5]. However, the token remains within a descending triangle pattern on the 4-hour chart, with key support at $0.25 and resistance at $0.27 Is PI's Price Facing a Full Breakdown After Losing Key Support?^[6]. A daily close above $0.39 could signal a bullish reversal, while a breakdown below $0.32 risks further declines toward $0.18 Life of Pi Coin Could Get Easier If Key Divergence Holds^[5].

Market sentiment is polarized. The Money Flow Index (MFI) shows increasing buying pressure despite Pi's lower lows, indicating retail accumulation . Conversely, the Relative Strength Index (RSI) reflects fading momentum, with a hidden bearish divergence as prices make lower highs while RSI peaks . Pi Coin is currently trading within a falling wedge pattern, historically a precursor to bullish breakouts, but confirmation above $0.29 is needed to validate this potential .

Key catalysts for Pi's price trajectory include its transition to a fully decentralized mainnet and potential listings on major exchanges like Binance or Coinbase Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1]. The project's ecosystem development, including beta applications like PiCare and PiChain Mall, aims to enhance real-world utility Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1]. However, challenges remain, including the need for stronger institutional adoption and validation of its security framework Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1].

Analysts caution that Pi Coin's high-risk profile, driven by its nascent infrastructure and high supply, limits short-term price targets. While a $1 valuation is theoretically possible, it would require significant milestones, including KYC completion and robust exchange listings Pi Coin vs Bitcoin vs Ethereum – Which is Better in 2025?^[1]. Conversely, bearish scenarios warn of a 30% crash if key support levels fail, with the token potentially testing historic lows near $0.18 Pi Coin Price Setup Reveals A Falling Wedge^[7].