The Pi Network market is currently consolidating as investors await potential announcements from the Pi Core Team around Pi Day 2 on June 28.
The Pi token price prediction is uncertain, with a descending triangle pattern indicating a potential significant move based on support and resistance levels.
Anticipation is high for Pi Day 2, where fresh updates on the Open Mainnet rollout or token utility are expected, potentially impacting the market's momentum.
The rate of Pi token unlocking is set to slow by late August, which could relieve selling pressure and support a recovery in the market leading up to Q4.