Pi Coin is undergoing a prolonged downtrend, trading near its all-time low. It last hit this level in early August, and current conditions suggest that there may be a retest in September.
Investor behavior is reflecting an increasing pessimism, with selling pressure preventing Pi Coin from recovering to previous support levels.
Pressure is rising on Pi Coin
The Chaikin Money Flow index (CMF) is currently showing a significant outflow of funds from Pi Coin. This index has fallen to its lowest level in the past six weeks, reflecting strong selling pressure. Investors are withdrawing capital from the asset, weakening the chances of recovery as trading approaches a key support level.
These continuous outflows of capital indicate a loss of confidence in the stability of Pi Coin. As investors liquidate their assets, new capital has yet to emerge, limiting the potential for price recovery. With Pi Coin hovering near its all-time lows, market sentiment is turning negative, indicating a high vulnerability to further losses in the short-term market environment.
Source: TradingViewThe correlation with Bitcoin is also adding to the fragility of Pi Coin. Currently, the correlation coefficient stands at 0.92, one of the highest levels this year. This strong relationship indicates that Pi Coin is highly likely to follow the trajectory of Bitcoin, despite independent developments or smaller technical signals on its chart.
Throughout August, this correlation has kept Pi Coin in a downtrend alongside the difficulties of Bitcoin. BTC has failed to reclaim the $115,000 level as a sustainable support, increasing the risk of further weakness. If Bitcoin continues to fall, Pi Coin is likely to reflect this movement, potentially leading to new lows in several months.
The correlation between Pi and Bitcoin | Source: TradingView## Pi price needs to break the下行 trend
Currently, Pi Coin is trading at $0.359, just below the resistance level at $0.362. It remains trapped in a downtrend that has lasted for more than three months. Breakout attempts have failed four times, making this token vulnerable and trading near its all-time low as selling pressure intensifies.
Pi Coin Price Chart | Source: Bitcoin MagazineIf these conditions persist, Pi Coin may lose support at the $0.344 level. A fall to $0.322 would retest the all-time low, and continued selling could push the price lower to $0.300. Such a move would confirm new weakness and mark a new historical low for this token.
However, if Pi Coin can break the downtrend and reclaim the $0.362 level as support, it could rise to $0.401. This move would stabilize the market structure and counter the current bearish conditions. A recovery of this scale would challenge the ongoing sell-off trend and bring short-term relief to investors holding this token.
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What can be expected from Pi Coin in September 2025?
Pi Coin is undergoing a prolonged downtrend, trading near its all-time low. It last hit this level in early August, and current conditions suggest that there may be a retest in September.
Investor behavior is reflecting an increasing pessimism, with selling pressure preventing Pi Coin from recovering to previous support levels.
Pressure is rising on Pi Coin
The Chaikin Money Flow index (CMF) is currently showing a significant outflow of funds from Pi Coin. This index has fallen to its lowest level in the past six weeks, reflecting strong selling pressure. Investors are withdrawing capital from the asset, weakening the chances of recovery as trading approaches a key support level.
These continuous outflows of capital indicate a loss of confidence in the stability of Pi Coin. As investors liquidate their assets, new capital has yet to emerge, limiting the potential for price recovery. With Pi Coin hovering near its all-time lows, market sentiment is turning negative, indicating a high vulnerability to further losses in the short-term market environment.
Throughout August, this correlation has kept Pi Coin in a downtrend alongside the difficulties of Bitcoin. BTC has failed to reclaim the $115,000 level as a sustainable support, increasing the risk of further weakness. If Bitcoin continues to fall, Pi Coin is likely to reflect this movement, potentially leading to new lows in several months.
Currently, Pi Coin is trading at $0.359, just below the resistance level at $0.362. It remains trapped in a downtrend that has lasted for more than three months. Breakout attempts have failed four times, making this token vulnerable and trading near its all-time low as selling pressure intensifies.
However, if Pi Coin can break the downtrend and reclaim the $0.362 level as support, it could rise to $0.401. This move would stabilize the market structure and counter the current bearish conditions. A recovery of this scale would challenge the ongoing sell-off trend and bring short-term relief to investors holding this token.
Mr. Giáo