PI has continued its downtrend, slipping 5% in the last 24 hours despite the general market rally recorded over the past day. The altcoin’s downturn signals weakening buying pressure as traders appear to shift their focus away from PI. Pi Struggles as Market Participation Declines Key technical indicators reinforce the bearish outlook for Pi. Its On-Balance-Volume (OBV), which tracks buying and selling pressure, has been steadily falling, indicating a decline in market participation and liquidity
source: https://beincrypto.com/pi-coin-decline-deepens-as-buying-activity-wanes/