Price Action Suggests Pi Coin Price Has Bottomed: Is a Rally on the Way?

Crypto MindSet, a YouTube channel with over 34,000 subscribers, shared a technical breakdown of Pi Network (PI) in their video titled “Will Pi Start A New Bull Run Soon? PI Network Crypto Token Analysis.” In this analysis, the hosts—CM and his co-host—approach Pi Coin not from a fundamental or tech angle, but purely from a trader’s perspective.

Their conclusion? Pi coin price might have already bottomed—and could be gearing up for a powerful rebound.

Pi Network Price Crashed 86%, But That’s Normal in Crypto

The video starts with CM bringing up Pi Network’s chart, calling it a coin to watch. According to him, Pi had a massive run in February, reaching as high as $3, which he describes as a clean psychological level. But just as quickly, the PI price crashed to around $0.55, even briefly touching $0.40. That’s an 86% drop—huge, but not unusual for a new crypto asset.

As the hosts explain, most new coins experience a sharp correction after their first hype cycle, often falling 70% to 90% before stabilizing. Pi Network, which officially launched around February 20, 2025, seems to have followed this classic pattern.

From a trader’s point of view, that’s not a red flag—it’s a setup.

Signs of a Bottom and Potential Setup for a New Pi Coin Rally

The co-host explains that what we’re seeing might be the classic early phase of a market cycle. After the massive drop, Pi Network price appears to be stabilizing. They point out something called an “expectation breaker” candle—a candle that wicks down sharply, only to close higher. This, they say, shows strong buying interest at the lows.

Following that, Pi has been forming “inside days”—candlesticks trading within the previous candle’s range. That kind of tightening or “squeezing” structure often leads to a breakout. It’s this formation that’s catching the traders’ attention.

As they emphasize several times throughout the video, they’re not concerned with Pi’s tech or fundamentals—only with whether it offers a good trading opportunity. And right now, with price action starting to look constructive, they believe a breakout could be near—especially if the overall crypto market turns slightly bullish.

Volume, Hype, and Liquidity: Why PI Price Still Has Trader Appeal

Another reason they’re watching Pi Coin closely is the massive community backing it. Pi Network has 4.3 million followers on (X) Twitter—an unusually large number for a coin that’s still relatively new on exchanges. That means one thing to these traders: liquidity and volume.

The co-host points out that Pi still maintains a high market cap, even after the 80%+ crash. At $3, its valuation was over $10 billion, which, in his eyes, is no joke. This large market presence makes it more attractive to both retail and institutional traders—especially those who avoid low-cap tokens on decentralized exchanges.

He adds that the fact Pi is listed on major exchanges makes it easier to trade, and its rank keeps it on the radar for those who need volume and stability.

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Should Pi Coin Be On Your Radar?

Crypto MindSet leaves viewers with a clear message: put Pi Network on your watchlist, especially if you’re a trader looking for volatility and potential upside. The co-host says he’s already added it to his chart list and is monitoring the PI price for a trade setup. He plans to alert his private community if the right opportunity arises.

They stress that this isn’t financial advice, but an educational breakdown of what could be a high-reward trade—if Pi breaks out from its current consolidation structure.

In the end, both CM and his partner agree: Pi Network might just be the next big trade. It’s high-profile, already went through its crash, and now looks like it might be carving out a new bottom. If buyers step in, a new leg higher could be around the corner.

As they say in their closing line: “No edge, no trade. But this one might just be it.”

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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