<ul><li>Pi Network has seen a 30% decline over the past week, dropping to $0.74, indicating a challenging period for the altcoin.</li><li>The negative correlation of 0.16 with Bitcoin raises concerns about Pi Network's recovery prospects amidst Bitcoin's resilience and potential new all-time highs.</li><li>Technical indicators show the first bearish MACD crossover in over a month, signaling a negative momentum shift for Pi Network, impacting investor sentiment.</li><li>Pi Network faces critical support at $0.71, with a potential further decline to $0.61 if this level is breached, although a market rally could lead to a recovery above the $0.78 resistance level.</li></ul>

Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline

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