PI Token Slides to New Lows as Institutional Confidence Fades

The PI token has suffered a steep decline, dropping to $0.61 after falling over 22% in just one week.

The sharp drop highlights intensifying pressure on the asset as investor sentiment across the broader crypto market continues to sour.

This slide mirrors a larger trend in digital assets, with the total market cap shrinking by more than 5% over the past seven days—wiping out roughly $170 billion in value. In this context, PI has not only followed the downward momentum but appears to be facing unique selling pressure of its own.

Technical indicators paint a grim picture. The BBTrend oscillator, which evaluates price movement based on Bollinger Band expansion, has remained in negative territory—currently reading -4.52. This suggests PI is repeatedly closing near the lower band, typically a sign of persistent bearish momentum and continuous selling.

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What’s more troubling is the behavior of institutional players. The Smart Money Index (SMI), a tool that tracks activity during early and late trading hours to infer institutional movements, has been steadily declining for PI. This points to reduced buying interest from large investors, often a warning sign that deeper losses could follow.

Together, the weakening BBTrend and falling SMI indicate that both technical and fundamental forces are working against PI. Unless momentum shifts or broader market sentiment recovers, the token could face additional pressure in the near term.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.