Bitcoin (BTC) has broken through the $119,000 mark, driving the total market capitalization of the entire encryption market to a record $3.8 trillion. This historic breakthrough has led to a rapid increase in various crypto assets, including altcoins such as Stellar (XLM), Mog Coin (MOG), Story (IP), and Hedera (HBAR). However, with the U.S. set to release inflation data, the earnings season officially kicking off, and Congress preparing for a legislative activity dubbed "Cryptocurrency Week," this bull run may continue to gain momentum or may face some volatility. This article will explore the four major catalysts that could influence Bitcoin and altcoins this week.

The core development team of Pi Network has released the Pi Node v0.5.3 version update, aimed at improving node stability, optimizing the data query experience of the blockchain browser, and further supporting network Decentralization. This update lays the foundation for broader node participation and ecological application development (such as dApp integration with Mainnet) by simplifying the node deployment process and enhancing network connection reliability. Although the community is focused on the development progress and the short-term Fluctuation of Pi coin prices, the official team emphasizes the continuous investment in infrastructure optimization and promoting Open Source collaboration (PiOS) to expand the real-world application scenarios and long-term ecological value of Pi Network.

Pi Network (PI) reported at 0.4671 USD in the Asian morning session today (14th), and the technical indicators show a decline in buyer confidence. To end the short positions trend, Pi coin must break through the RSI neutral zone as soon as possible.

The Crypto Assets market has experienced a slight rise, but overall it is still in a Sideways consolidation phase, with Bitcoin prices slightly below their historical highs. Key catalysts driving market trends this week will be the upcoming release of The Federal Reserve (FED) meeting minutes and the deadline for Trump's tariff policy (July 9). Potential Crypto Assets worth following this week include Bonk (BONK), Aptos (APT), and Pi Network (PI).

Last week, the market overall remained stable, with Bitcoin continuing to hover above $109,500 today (7). However, as the rotation of Memecoins becomes increasingly evident, more funds are flowing into speculative Tokens rather than projects with actual use cases. In the past week, the top three Tokens with the largest pump were all Memecoins, while Pi Network (PI), Jito (JTO), and KAI led the fall.

Pi Network (PI) failed to return above $0.50 over the weekend, continuing to trade softly below this level during Monday's (July 7) Asian session. The volume of Pi coin in the last 24 hours is $3.5 billion, with a market capitalization of $61.17 million. The cumulative fall last week was 13.37%.

Today (7th) in the Asian early session, the price of Pi Network (PI) remains weak below 0.50 USD, currently reported at 0.46 USD. Due to continuous pressure from sellers, it has fallen below the downward resistance zone. Multiple indicators currently suggest that unless long positions hold the psychological barrier of 0.44 USD, the bearish pattern will continue.

This week, the key catalysts for crypto assets will be the upcoming release of the Federal Reserve (FED) meeting minutes, as well as the tariff deadline set by U.S. President Trump on July 9. Bonk (BONK), Aptos (APT), and Pi Network (PI) are the focus of crypto assets this week, as people follow the trading changes during their consolidation phase.

Gate news, Pi Network (PI) is currently facing significant price pressure. According to analysis by Captain Altcoin, after a failed breakout earlier in the week, the price of Pi coin has retreated above the key support level and is consolidating within a narrow range, lacking strong momentum. Even more concerning is the sharp decline in volume, with all major hourly indicators showing a downward trend, making the market environment seemingly more favorable for short positions.

According to Gate, the recent performance of Pi Network (PI) in the Crypto Assets market has been quite difficult. Despite multiple attempts by long positions to Rebound, they have failed to successfully hold above the critical level of 0.55 USD. Currently, Pi coin is consolidating below an important resistance level, reflecting the cautious attitude of market bulls in the face of insufficient momentum. In the short term, the price movement of Pi coin has narrowed to between 0.527 USD and 0.548 USD, with traders closely following whether it can break through this narrowing structure to indicate the direction for future movements.

Gate news, Pi Network (PI) attracted market attention during Pi2Day (June 28) through two major upgrades to its ecosystem. These upgrades include the launch of an AI-driven no-code application builder and a new community-led staking model aimed at promoting applications on the platform.

Pi Network (PI) today (11) rose to 0.5201 USD during the Asian early session. After weeks of stagnation, the Pi coin has finally started to recover. Technical Analysis shows that the Pi coin has rarely seen a "real" bullish candlestick for a period of time, but more buyers need to intervene to end the Bear Market indicators.

Pi Network (PI) today (11) reported 0.5014 USD in the Asian morning session, gradually recovering from last week's 12% fall. The launch of the new Pi Node aims to improve the node initialization process. As the Pi coin approaches a breakout of the Adam and Eve pattern on the 4-hour chart, the technical aspect shows a bullish tendency.

The Pi Network community has welcomed an important update, namely the release of Pi Node v0.5.3. This upgrade supports Decentralization and aims to achieve broader applications. In light of recent price fluctuations and the community's demand for progress, this update brings new momentum and lays the foundation for the future development of the ecosystem.

As Bitcoin approaches its annual high, some alts are clearly falling into a lull. Pi Network (PI), once praised for its participatory and mobile-first model, has seen its valuation fluctuate under the influence of declining technical indicators and a noticeable atmosphere of distrust. This long-supported project by the community now faces harsher market realities, where any structural weaknesses will be punished immediately. Under the dual pressure of dumping and future uncertainties, this crypto asset is facing significant development opportunities, nearing a critical threshold.

Today (4), during the Asian midday session, Pi Network (PI) is still facing strong pressure, falling to $0.4842. The price of Pi Coin has increased by 0.29% in the past day, and it is still under pressure as the trading price is slightly below the key descending trend line. After several weeks of downward momentum and multiple failed breakouts, the token remains in a narrow range of fluctuations. Due to a lack of catalysts or significant fluctuations in trading volume, the market is showing signs of fatigue.

Today (5) in the Asian early session, the price of Pi Network (PI) still has not managed to return to the 0.50 dollar mark. Despite Zypto entering the project's "Know Your Business" (KYB) list and the partner list gradually expanding, the Pi Network community is currently engaged in intense debate over the valuation target of 314,159 dollars per Pi coin.

According to Gate, the rise of Pi Coin has weakened after a strong pullback at $0.65, with the price falling 4.6% over the past 24 hours, eventually retreating to $0.55. This fluctuation occurred before the Pi2Day event on June 28, as excitement within the Pi Network community is heating up, with the Pi core team expected to launch new features such as KYC Sync. Additionally, the Pi Browser has launched a feature aimed at further achieving decentralization, allowing users to conduct "comprehensive account management."

Gate news, Pi Network (PI), SPX6900 (SPX), and Celestia (TIA) have all recorded double-digit falls in the past 24 hours, continuing the pullback momentum since Thursday. The ongoing risk aversion in the Crypto Assets market has led to a sudden pullback, which may be due to changes in the tensions in the Middle East, as well as the impending expiration of the 90-day tariff suspension in two weeks.

Gate News, after several weeks of sluggishness and market pressure, the Pi Network (PI) Token has seen a significant rise this week, regaining the focus of the encryption community. After briefly topping the CoinMarketCap hot currency list, the PI price surged to about $0.66 at its peak, although it subsequently retraced, the overall rise for the week still exceeded 7%. This rebound coincides with the much-anticipated annual event Pi2Day (June 28), sparking widespread speculation in the market about the future direction of Pi Network: is this rebound merely short-term speculation, or does it signal a more lasting pump?

Pi Network (PI) today (10) continued its rebound trend during the European early session, currently reported at 0.4716 USD. Compared to the peak level in May, the price of Pi coin has dropped by more than 70%, but technical indicators suggest that Pi coin has formed a "double bottom" reversal pattern, which may lead to a bullish breakout in the coming weeks.

Pi Network (PI) has slightly risen to $0.4716 during the Asian afternoon session today (10). Despite significant advancements like the launch of Pi App Studio to promote innovation, the price of Pi coin unexpectedly fell. This round of short positions has raised concerns among the Pi community users about the manipulation of the price of Pi coin.

Today (10th) in the Asian early session, Pi Network (PI) has slightly increased, currently reported at 0.4693 USD, but the Trading Volume remains sluggish. The actual volatility of Pi coin has been steadily declining since reaching its peak in February, consistent with the consolidation phase. Coinglass data shows that the funding rate of Pi coin has turned negative, increasing the risk of short positions.

According to BeInCrypto's observation, in the past five months, the holdings of Pi Network (PI) tokens on centralized exchanges have continuously risen, increasing from 263 million in March to over 370 million currently, a growth of more than 40%.

Today (10) in the Asian early session, Pi Network (PI) followed the market rebound, but the pump was limited to within 2%, currently reported at 0.4681 USD. The recognition of Pi Network by 137 Ventures is both exciting and concerning. The Pi Mainnet is about to launch, and the community is in heated debate over its price prospects.

Pi Network (PI) has rebounded above 0.50 USD today (3) after several days of weak performance. The next 30 days are crucial for Pi coin as a large-scale token unlock is imminent. Given the recent fall, market sentiment is already fragile, which could exacerbate selling pressure or test the network's resilience.

In recent months, the price of Pi Network (PI) has plummeted sharply, falling from a high of $2.79 to its current level of about $0.49. This decline has been disappointing for many holders and miners, raising concerns about whether the token may fall further. However, according to the latest insights from experts like Dr. Altcoin, it is unlikely that the price of Pi Network will drop below $0.40 in the short term. There are several compelling reasons for this price floor, the most important being the core team's control over the vast majority of circulating Pi tokens.

Due to weak demand for alts, the price of Pi Network (PI) has continued to fluctuate this week. Over the past five days, the price of Pi coin has fallen by 13%, lagging behind Bitcoin, which has risen over 1% during the same period. However, the ongoing massive outflow of funds from exchanges and two unique chart patterns suggest that this could trigger a strong Rebound for Pi coin.

In 2025, Ethereum (ETH), Ripple (XRP), and Pi Network (PI) are considered strong candidates for the "God Candle" technological breakthrough. "God Candle" is a technical term used to describe a large green candle on a price chart, indicating a sudden and significant price increase in a short period.

Analyst Spock mentioned that if Pi Network (PI) can capture 1-5% of the entire artificial intelligence (AI) market, its value will be significantly released by 2030. Pi Network is committed to building decentralized, AI-supported infrastructure, which makes it a leader. Despite recent poor performance, the long-term sentiment for Pi coin remains bullish.

Today (9) in the Asian afternoon, the price of Pi Network (PI) has slightly recovered, currently reported at 0.4644 USD. The potential of Pi Network is immense, but it is facing turbulence. Despite the large community size, the price of Pi coin has stagnated and even experienced a fall. Issues such as token issuance, lack of official launch, and doubts about tokenomics are causing market uncertainty.

Artificial Intelligence (AI) model ChatGPT believes that holders of Ripple (XRP), Solana (SOL), and Pi Network (PI) have good reasons to feel optimistic, expecting these altcoins to achieve significant rise by the end of 2025 and set new historical highs.

Today (9) during the Asian afternoon session, Pi Network (PI) slightly rebounded to 0.4639 USD. Although market sentiment remains optimistic, technical indicators and on-chain data have raised alarms. The reserves at the exchange are high, and the concentration of short positions continues to rise, indicating that selling pressure is quietly increasing, suggesting potential weakness in the market rather than apparent strength.

Pi Network (PI) has seen two whale transactions purchasing over 2 million Pi coins. Despite this, the technical outlook still shows a bearish tendency, possibly retesting the $0.40 level.

Pi Network (PI) has collapsed 26.40% in a single month, currently reporting at 0.4626 USD during the Asian session today (9). Despite most analysts predicting further fall for Pi coin, analyst Moon Jeff remains optimistic, expecting the Token to soar to 5 USD. Meanwhile, the RSI of Pi coin has fallen to around 30, indicating that the market is in an Oversold state, which could be a sign of a bullish reversal.

Today (9) in the Asian early session, Pi Network (PI) slightly rebounded, currently reported at 0.4604 USD, still unable to break back above the important threshold of 0.5000 USD. Due to an increasing number of token issuances and a lack of clear supply management methods, Pi coin is facing growing selling pressure. As a result, community members have now lost confidence in the long-term prospects of this token. Against the backdrop of a general rise in the cryptocurrency market, the lackluster attitude of the Pi Core Team (PCT) has also dampened investor optimism.

The current situation of Pi coin is quite awkward. After reaching a peak in May, it has fallen nearly 70% and is currently hovering around $0.5. Such a large drop has left everyone puzzled, and there is increased interest in the future direction of Pi coin. With the emergence of some favourable information and the upcoming large-scale unlocking of 309 million tokens, the market may rebound... but it may also fall to the bottom.

Today, the Pi Network (PI) continues to struggle below $0.50 after six consecutive bearish K lines. From a technical perspective, in the days leading up to the largest token unlock in July, the market shows a bearish tendency, and after the Pi2Day announcement, market sentiment remains gloomy.

Pi Network (PI) announced two important updates at its annual event Pi2Day 2025: Pi App Studio and Ecosystem Directory Staking. While Pi App Studio is praised as a tool for developers to build applications, the staking feature of the ecosystem directory has caused confusion and controversy among users. The main reason for this is that this staking mechanism is vastly different from traditional Crypto Assets staking models, as it does not provide direct Pi coin rewards to participants, leaving many pioneers who were expecting returns feeling perplexed and disappointed.

According to CCN, after a brief Rebound last week, Pi Network (PI) has returned to a bearish mode. What initially seemed like a breakout has confirmed the strength of the ongoing downtrend. At the time of writing, the trading price of PI is $0.49, and technical indicators suggest it will continue to weaken. Given the overall market sentiment remains unstable, the current question is whether PI can recover to the April highs or if there will be further falls in the future.

Gate news, on Wednesday (July 2), Pi Network (PI) fell below the key level of 0.5 USD, with long positions hoping to hold the support level of 0.47 USD, but the technical indicators warn of strong dumping pressure. Last Friday, Pi Network announced two important features, but these news seem insufficient to stimulate market interest.

Today (8th) in the European morning session, Pi Network (PI) maintains a falling trend, currently reported at 0.4550 USD, with short-term selling pressure still existing. Although the price is indeed falling, investor activity continues to increase; the 24-hour volume has risen by 26.11%, reaching 81.57 million USD.

The recent launch of the App Studio platform by Pi Network has sparked strong divisions within the community. The platform aims to allow users to create and monetize Web3 applications using Pi coin without a technical background, but many users are disappointed that it is still in the testing phase and lacks advanced features. Currently, the price of Pi coin continues to fluctuate between $0.43 and $0.45, with a weekly fall of 8% and a monthly decline of 27%. Although the 24-hour volume has risen by 40% to $83.8 million, the upcoming large token unlock in July could further exacerbate market selling pressure, posing a downward risk to the coin price.

According to CoinGape, the release of the Pi Network App Studio has sparked mixed reactions within the community. The platform allows users to easily create Web3 applications using Pi and profit from them. However, many community members feel disappointed as the project still lacks advanced features.

Today (8) during the Asian afternoon session, the price of Pi Network (PI) is reported to be around 0.45 USD, with long positions facing strong resistance in their attempt to break through 0.50 USD. The price of Pi coin is still in a downward trend, with no signs on the chart indicating that this situation will change anytime soon. From a technical perspective, the typical K-line narrowing indicates a decrease in market interest.

Technical analysis clearly indicates: If the $0.40 key support level is lost, Pi Token may face the risk of a breakdown fall. This month's massive token unlock event is likely to become a catalyst for price breakdown. Investors need to closely monitor the $0.40 support level defense battle and cautiously assess buy the dip opportunities.

Today (8) in the Asian early session, Pi Network (PI) continues to struggle below $0.50, currently reported at $0.4553. Market analysis suggests that the price momentum of Pi coin seems to be weakening, and it may soon fall below $0.40. Despite recent announcements regarding ecosystem development and application hosting, experts indicate that most of the positive progress has already been priced in, thus providing little support at the current level.

The core team of Pi Network (PI) released several ecosystem updates during the recently concluded "Pi Day" event, but failed to boost market sentiment. The price of Pi coin and trading activity gradually decreased in the following days. According to CoinMarketCap, Pi's trading volume over the past 8 days has fallen below 100 million USD—just on Sunday alone, the trading volume was only 46 million USD. The steady decline in interest indicates that momentum is weakening, supporting predictions of a bearish outlook for the price of Pi coin in the short term.

According to Gate, recently, the enthusiasm in the crypto assets market has surged, mainly due to the skyrocketing price of Bitcoin (BTC), which once reached an unprecedented $111,814. However, the escalating conflicts in the Middle East have temporarily suppressed the momentum of market development, causing it to stagnate while the market is warming up. Against the backdrop of the international community urging a ceasefire, digital asset prices are expected to rebound, and more and more people speculate that 2025 may usher in a new era of record valuations.

Gate News, Pi Network recently launched two core features: 1. AI Application Platform ( Pi App Studio ): Aimed at leveraging Blockchain and AI technology to address the challenges the world faces during AI development and to expand pioneers' contributions, participation, and support channels for Pi ecological applications and functions. 2. Platform-level Function: Ecosystem Directory Staking (: Allows pioneers and enterprises to stake Pi Tokens to support and enhance the ranking of Pi ecological applications and functions within the ecosystem interface.