#PI# On July 5, 2025, the price movement of Pi Network is facing significant downward pressure, with a strong bearish sentiment in the market. Here are the details:

Price performance: The price of Pi coin has fallen by 21.8% in the past week and is currently stable at around $0.47. Although this price has temporarily helped prevent a larger fall, it still faces the risk of further decline.

Unlocking Pressure: Throughout July, over 318 million Pi coins will be gradually unlocked, worth nearly 160 million dollars. The unlocking of a large number of tokens will increase market supply, which may further exacerbate selling pressure, putting the price at risk of falling.

Market Trend: From a macro momentum perspective, the Chaikin Money Flow (CMF) indicator has shown a downward trend over the past week, indicating increased selling pressure. Investor confidence in Pi Coin is weakening, with more holders choosing to exit their positions in anticipation of further price falls.

If Pi coin cannot maintain the current level of around 0.49 dollars, the next support level of 0.45 dollars may come under pressure, and it could even approach the historical low of 0.40 dollars. However, if it can rebound from the current price and break through 0.51 dollars, it is expected to shift towards a more bullish trend.