Investor Dilemma: Pi Coin's Quiet Buy-In Amid Looming Sell-Off

Pi Coin has experienced a recent surge in inflows despite remaining under $0.35. As of September 8, 2025, Pi Network's price stood at $0.3479, reflecting a 1.2% increase within the last 24 hours. The price range for the same period was between $0.3432 and $0.3488, with a generally stable trend observed. Despite the rise in price, Pi Coin continues to face challenges, particularly in terms of its weak correlation with Bitcoin, which is currently stable above $110,000. This disconnection raises concerns for investors who are already skeptical about Pi Coin’s near-term prospects. The technical indicators suggest that volatility may increase, potentially leading to sharper price movements in the near future. The Squeeze Momentum Indicator has shown signs of a forming squeeze, which, once released, could result in a sharp price movement depending on the broader market direction [1].

The growing divergence between Pi Coin and Bitcoin is a significant concern for market participants. At a time when Bitcoin is showing signs of strength, Pi Coin’s lack of alignment with this trend indicates declining investor confidence. This divergence could exacerbate the downward pressure on Pi Coin, especially in a bearish market environment where increased volatility is likely to accelerate its decline rather than trigger a recovery. As of September 7, Pi Coin was trading at $0.345, just above the crucial support level of $0.344. While this level currently serves as a short-term anchor, market signals indicate it may not hold for long [1].

On the other hand, Pi Coin has shown some hidden strength in the form of bullish divergences in its Chaikin Money Flow (CMF), indicating that buyers are quietly accumulating the token despite its sideways price movement. This accumulation is evident in the increasing inflows into Pi Coin, which could set the stage for an upward breakout if sustained. Pi Coin is also nearing its 20-day exponential moving average (EMA), a key technical indicator that measures an asset’s average price over the past 20 trading days. A decisive move above this level could signal a shift in market sentiment from neutral or bearish to bullish. However, this potential is clouded by the upcoming token unlock, which could add significant selling pressure and negate any upward momentum [3].

The token unlock, scheduled for the remainder of September 2025, involves the release of over 106 million Pi tokens, which may threaten the asset’s ability to break out of its current range. If the demand for Pi Coin fails to absorb this influx, the price could remain confined within its existing range or even break below it, risking a drop toward its all-time low of $0.32. Conversely, if buying pressure strengthens and successfully absorbs the new supply, Pi Coin could push higher toward $0.40. This scenario would require a significant increase in investor confidence and market demand, which remains uncertain at this time [3].

Despite the challenges, some analysts remain cautiously optimistic. Pi Coin has shown resilience in maintaining its price above key support levels, and a bounce off $0.344 could allow it to rise toward $0.360. However, given the weak sentiment and limited correlation with Bitcoin, the chances of a recovery currently remain slim. The broader market environment and technical indicators will play a crucial role in determining whether Pi Coin can maintain its position under $0.35 or if it will continue to face downward pressure. As the situation evolves, investors are advised to monitor the token’s price movements and technical indicators closely to make informed decisions [2].

Source: [1] Pi Network Price Update 8Sept 2025 (https://pintu.co.id/en/news/203356-pi-network-price-update-8sept-2025) [2] Pi Coin Price Nears All-Time Low, And Even Bitcoin Can't Save It Anymore (https://www.mitrade.com/insights/news/live-news/article-3-1102289-20250907) [3] Pi Price Nears Breakout But Token Unlock Looms (https://beincrypto.com/pi-price-nears-breakout-but-token-unlock-looms/)