160 million PI tokens are about to be unlocked, and this selling pressure is making my scalp tingle. If 0.13 can't hold, we're really heading to a new bottom.

Pi Network's price on June 3rd was approximately $0.138, down about 22% from the previous month, with sellers pushing the price below a descending wedge, increasing market supply pressure. About 163.6 million PI will be unlocked and enter circulation in the next 30 days, averaging around 5.45 million PI per day. Despite launching new game plans through Cidi Games, overall market risk appetite has declined, dragging down BTC and ETH as well. The current price is approximately $0.1299, close to historical lows; if it breaks below the support zone of $0.129–$0.131, it may trigger a new round of price discovery.