January 29 News, Pi Coin price has recently continued to weaken, constantly declining amid a bearish market sentiment, with the current trend approaching potential historical lows. Multiple on-chain and technical indicators show that selling pressure still dominates, making it difficult to see clear signs of stabilization in the short term.
In terms of capital flow, Pi Coin holders have recently accelerated their withdrawal pace. The Chaikin Money Flow indicator has fallen below zero and touched a six-week low, reflecting that outflows in the network are significantly higher than inflows. Meanwhile, the Money Flow Index remains in negative territory over the long term, and the volume-weighted sell-side dominance limits the rebound potential. Historical performance also indicates that when such indicators remain weak, Pi Coin often struggles to form an effective reversal.
From a price structure perspective, Pi Coin is currently hovering around $0.166, a level that coincides with the 23.6% Fibonacci retracement, regarded as a key support zone in a bear market. If this support is broken, the price could further slide toward the historical low of $0.150, exerting greater psychological pressure on the market. If sentiment recovers and new buying interest emerges, the price may rebound to $0.176, or even test the $0.180 level, provided that trading volume also increases.
It is worth noting that February 2026 will mark the one-year anniversary of Pi Coin’s launch. Looking back to February 2025, the token surged over 200% in its first month, mainly driven by early users and speculative demand. The current environment is markedly different, with a more rational market. Whether the anniversary will again attract capital inflows remains uncertain.
Until macro conditions and market sentiment improve, Pi Coin’s short-term trend remains cautious. For investors focusing on Pi Coin price forecasts and medium-term opportunities, support levels and changes in capital flow will be important references for judging the future direction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network Starts Second Migration: Here’s What You Must Do to Be Eligible
Pi Network has initiated second migrations, allowing Pioneers to transfer more Pi to Mainnet, enhancing wallet security with two-factor authentication. This update may positively impact Pi Coin's market price, currently just below $0.20.
CaptainAltcoin4h ago
Pi Network Efforts to Restructure Web3 Launch Platform — Price Action Shows Otherwise
Pi Network officially launched its first version of Pi Launchpad on Testnet with a unique token mechanism on March 16. While it signifies progress, the market response has been negative, with PI's value dropping by 8.9%. The impact on investor sentiment remains uncertain.
TapChiBitcoin8h ago
Pi Network launches Pi Launchpad beta, supporting ecosystem token issuance and real-world application deployment
Pi Network launched a new application feature called Pi Launchpad on its testnet on March 16, designed to help developers issue project tokens and integrate them with practical applications. The platform emphasizes "utility first," promoting healthy ecosystem development and allowing users to experience token issuance and DeFi functionality through the test environment. Launchpad employs a liquidity pool mechanism to provide baseline liquidity, with the overall update aimed at attracting more developers and driving application implementation.
GateNews17h ago
Pi Network Launches Pi Launchpad App on Testnet
Pi Network has introduced a new feature called the Pi Launchpad. The first version is now live on the Pi Testnet as a Pi App. This early release allows the community to test how the system works before it moves to the main network. The Pi Core Team announced that the Launchpad currently uses a test environment.
Coinfomania17h ago
