The Crypto Assets market has recently witnessed significant dynamics—Pi Network has officially launched on the BC exchange for spot trading. This news quickly drew attention from investors, as launches on exchanges usually bring new liquidity support for digital assets. Under the stimulus of this favorable information, the price of Pi coin increased by 1% in 24 hours, with a daily fluctuation range of $0.6806-$0.7535. However, market performance still shows weakness, with the token experiencing a 22% decline on a weekly basis and a drop of more than 60% on a monthly basis. Analysts indicate that the massive opening of the token in March is the main cause of price pressure, compounded by the project party recently lacking significant progress announcements, as well as major exchanges like bn not following the launch, all exacerbating the wait-and-see atmosphere in the market.

Changes or currently: The demand and supply pattern improved in April
It is worth noting that according to PiScan data monitoring, the opening of Pi tokens will decrease to 124.32 million in April, the lowest level in the next five months. Specifically, about 1.5 million coins are opened per day during the period of April ~ 4.7-4.11.
The estimated amount to be reopened in May is 182.37 million coins.
The number of coins to be unlocked from June to August will remain above 200 million coins.
This periodic supply reduction may create favorable conditions for price recovery. Crypto market analyst Jex indicates that Pi Network is forming an ABC recovery pattern, with key support ranging from 0.64 to 0.77 US dollars. If it can hold, it is likely to open up opportunities for a three-wave rise, with the first target at 0.95-1 US dollar, and in the medium term estimated above 1.8 US dollars.
Investment needs to be cautious of various risks
Although the technical aspects show positive signals, investors still need to be cautious: the market as a whole is still in a fluctuating pattern, and systemic risks cannot be ignored. Some predictive models indicate a possible decline to the support of 0.64 US dollars in April, and an increase in open volume in the following months may bring new selling pressure.
Industry experts advise that before investing in Pi Network, investors should thoroughly evaluate the progress of the project development, support from exchanges, as well as the token economic model and make decisions carefully. Along with the gradual recovery of the crypto asset market, whether this new project can realize a reassessment of value, the market is waiting with great hope.