Jakarta, Pintu News – Over the past few weeks, the price of Pi Network has been flat without showing much momentum, despite the overall crypto market remaining active. The altcoin’s consolidation phase now appears to be weakening as market conditions deteriorate, pushing the price down further.
A number of recent indicators point to a potential deeper correction in Pi Coin if the negative sentiment in the market continues.
On October 9, 2025, the price of Pi Network was recorded at $0.2371, a decrease of 0.6% in 24 hours. If converted to the current rupiah ($1 = IDR 16,526), then 1 Pi Network is IDR 3,918.
Over the same period, the PI price moved in the range of $0.2334 to $0.2436, showing fairly narrow volatility amid market selling pressure.
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Pi Network’s market capitalization currently stands at approximately $1.95 billion, while its fully diluted valuation stands at $3.01 billion. The last 24 hours’ trading volume was recorded at around $35.19 million, signaling relatively stable buying and selling activity despite a mild price decline.
The correlation between Pi Coin and Bitcoin has now dropped to -0.24, indicating that Pi Coin’s movements are no longer in line with general crypto market trends. This condition is considered unfavorable, because usually the increase in Bitcoin price is able to encourage other altcoins to rise.
Pi Coin’s inability to follow the pattern indicates declining investor confidence as well as reduced market participation.
This negative correlation also indicates that Pi Coin may struggle to capitalize on Bitcoin’s rally in the near future. Without a strong link to Bitcoin’s bull cycle, Pi Coin risks further price pressure as investor enthusiasm wanes.
On the technical front, Pi Coin’s Moving Average Convergence Divergence (MACD) indicator briefly approached a bullish crossover last week – a signal that usually marks the beginning of a recovery phase after a long downtrend.
However, deteriorating market conditions hampered the momentum, delayed a potential reversal, and extended the bearish trend for two consecutive weeks.
The failure of this bullish crossover shows the fragility of Pi Coin’s momentum. Instead of showing signs of recovery, the indicators now confirm that selling pressure still dominates.
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As of October 8, 2025, Pi Coin’s price is hovering around $0.239, slightly below the important $0.240 level. The token has dropped nearly 9% in the past 24 hours, reflecting increasing selling pressure. If demand does not recover soon, the Pi price could potentially continue to weaken in the next few days.
Based on current indicators, the price of Pi Coin could drop to near $0.200, potentially even retesting the all-time low (ATL) at $0.184 – around 23% lower than the current price. If bearish market conditions continue, this scenario will become increasingly likely.
Conversely, if the overall crypto market starts to stabilize, Pi Coin has a chance to rebound. A price movement above $0.270 would invalidate the bearish outlook, paving the way for a recovery to the $0.286 area and possibly higher.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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