Is the Pi Network at Risk? 4 Factors Indicating a 45% Collapse Possibility

The PI of the Pi Network shows a bearish flag pattern, which is often seen as a precursor to a price decline. Although the price surged in the short term by 8.85%, pushing the PI up to $0.8015, the structure of the pattern indicates that the trend is weakening. The support level is at $0.7302, while the resistance level caps the increase at $0.8406, indicating limited bullish potential. With the market momentum weakening, analysts suggest that the token could drop by as much as 45% if a complete bearish setup materializes.

This pattern usually appears after a sharp fall trend, followed by a brief consolidation that does not create the necessary momentum for a reversal. The presence of this pattern aligns with some broader concerns, each reinforcing a bearish sentiment. The Listing on the Exchange Will Not Be Possible Without Structural Reforms The failure to list the PI token on major exchanges continues to hinder its market potential. Industry observers believe that unless the project undergoes special and structural reforms, widespread listing is still unlikely to occur.

If not listed on top exchanges, Pi Network will not reach more investors, which could help stabilize price volatility. Until there is a significant change, the gap between the project's ambitions and its market presence remains large. Bearish Activity Shows Interest from Ghost Chain Another key factor affecting the sentiment around the Pi Network is the falling on-chain activity. Metrics indicate a significant drop in developer participation and user interaction, raising concerns that the network is becoming a ghost chain.

Once considered an advanced mobile blockchain project, Pi Network is now showing signs of stagnation. This decline in core activity undermines its fundamental value and makes the network less attractive to developers and investors. Without a dynamic ecosystem and continuous updates, sustainability will become uncertain. The current level of inactivity is incompatible with the long-term appreciation of the token, increasing bearish pressure. Unlock Event Notification May Flood the Market One of the most urgent threats to the price of PI is the lurking risk of token unlocks. When a large amount of previously locked tokens is released into circulation, this often exerts bearish pressure. The unlocking schedule of the Pi Network indicates that there will be more unlocks, which could significantly reduce the value of the token.

If there is not enough demand to match the new supply, the PI token risks being saturated. Historical data from similar projects shows that such events can lead to strong price corrections, especially when there are no balancing catalysts. This supply shock, combined with weak demand indicators, could exacerbate the ongoing sell-off. The Final Prospect Although PI has shown modest gains in the short term, the overall outlook remains pessimistic due to technical and structural factors. The bearish sentiment, lack of major listings, declining on-chain activity, and upcoming token unlocks together create a particularly dynamic risk profile. A projected 45% correction could still occur unless the project makes concerted efforts to restore confidence and functionality. Currently, Pi Network continues to face a critical inflection point that may determine its mid-term viability.