Pi Network Plummets Following Bearish Market Pressure

Pi Network has experienced a sharp decline of 18% over the past 48 hours, wiping out its recent gains from March and reigniting concerns about the future of the cryptocurrency. Investor confidence is wavering due to a weakening trend with the RSI remaining below the neutral 50 mark, signaling potential for further downturns. The tightening Bollinger bands suggest that Pi Network may soon face significant price volatility.