The future trend of the Pi Network has significant uncertainty. Based on recent market analysis and relevant data, there are the following two potential scenarios:

Bearish outlook: Pi coin is experiencing a significant downtrend, with prices approaching historical lows. As of September 11, its trading price is $0.353, slightly below the resistance level of $0.362, and the Chaikin Money Flow (CMF) indicator shows significant capital outflow, indicating a pessimistic market sentiment. If Pi coin cannot maintain the support level of $0.344, the price may further decline, potentially dropping to $0.300. Additionally, Pi coin has a high correlation with Bitcoin; if Bitcoin continues to struggle, Pi coin may also decline.

Bullish Reversal: The Pi Network plans to officially launch its mainnet in 2025, a move seen as a key milestone in its development. The launch of the mainnet will provide actual application scenarios for Pi Coin, enhancing its value support. If Pi Coin can break its downward trend and reclaim the resistance level of $0.362, there is a possibility of a rebound, and a successful breakout may trigger a price rebound towards $0.401.