Pi coin price prediction: 1.49 billion Tokens will be unlocked in September. Can it break the key $1 level under favourable information such as Valour ETP?

The Pi Network Token has recently shown a rebound trend, rising 2.75% over the past week, briefly breaking through 0.38 USD before retreating, currently reported at 0.3568 USD. Since hitting a low of 0.3303 USD on August 25, the Token has rebounded by 15%, and the market is关注 whether it can break through the long-term descending channel to challenge the 1 USD mark. However, September will see the unlocking of 149 million Tokens, coupled with a liquidity dilemma as the average daily trading volume shrinks to 43.8 million USD, leaving the price still facing significant tests.

Price Trends and Technical Analysis

The current technical pattern of Pi coin shows a typical descending channel model (continuing since May), with the overall trend still leaning bearish. Key technical indicators show:

• The Relative Strength Index (RSI) is at a level of 38, indicating insufficient upward momentum.
• The MACD indicator is flat, reflecting traders' indecision in decision-making.

If the bearish forces dominate, the price may retest the historical low of $0.322; conversely, if it can continue to recover, it may challenge the key resistance level of $0.400.

Potential Risk Factors

Two core risks worth investors' attention:

1. Token unlocking pressure: 149 million Pi coins will be unlocked in September, which accounts for a significant proportion of the current circulation, potentially creating selling pressure.
2. Liquidity shrinkage: Since mid-May, the daily volume has been continuously declining, and the current trading scale of $43.8 million is difficult to effectively absorb large sell orders.

A low liquidity environment may exacerbate price volatility and increase investment risks.

Rebound driving factors analysis

Analyst Kim Wong pointed out that this round of Rebound is not merely a technical correction, but is driven by ecological progress:

• Listed on Swapfone exchange on August 25
• European compliance asset management company Valour launches Pi SEK exchange-traded product (ETP)
• Protocol upgrade and Linux node deployment enhance network confidence
• Severe oversold conditions provide entry opportunities for buyers.

These factors combined have prompted Pi coin to recover some lost ground.

The milestone significance of Valour ETP

Founded in 2019, Valour is a regulated financial institution dedicated to bridging traditional finance and the digital asset space. The company currently offers 85 exchange-traded products linked to over 30 cryptocurrencies. For the long-time community-driven Pi Network, entering the ETP market represents a key step towards institutional recognition and mainstream adoption.

Future Price Trend Prediction

Whether Pi coin can return to the $1 mark depends on the balance of bullish and bearish factors:

Bearish factors:

• A large number of Tokens unlocking increases market supply
• Trading activity continues to shrink
• The technical aspect is still in a downward channel

Positive factors:

• New exchange launch improves Liquidity
• Continuous development of the ecosystem
• Institutional products broaden funding access

Conclusion

Pi Network is at a critical stage of transitioning from community-driven to institutional recognition. The short-term price trend will depend on the market's ability to digest the token unlock in September, as well as the incremental capital brought in by institutional products like Valour ETP. Investors should closely monitor changes in volume and technical breakout signals, paying attention to position risk management. Although the $1 target seems distant, if ecological construction continues to progress and successfully attracts institutional funds, there remains an opportunity for value reassessment in the medium to long term. Ordinary investors are advised to adopt a phased entry strategy, focusing on tracking monthly unlock data and improvements in exchange liquidity.