- Pi Network just made a strong bullish impulse, but liquidity structure suggests caution
- The current demand zone is crowded with eager buyers — a possible trap
- Liquidity below could still be taken before any real continuation upward
In the last article, we dipped into Pi Network for the first time. And honestly, I wasn’t expecting such an intricate price structure for a project still wrapped in a bit of mystery.
At that time, price was chilling — just sitting there — leaving liquidity both above and below, a classic sign of indecision… or preparation.
But now? Something beautiful just happened.
What Is Pi Network Again?
Before diving into price, a quick refresher — because Pi Network isn’t your typical crypto.
Launched with a mobile-first mining vision, Pi aims to make cryptocurrency accessible to everyone, even those without fancy rigs or deep technical know-how.
Users mine PI on their phones via a social-based trust graph — essentially rewarding real, human networks rather than pure hash power.
It’s still not tradable on major exchanges (yet), but the hype is undeniable. A sort of “mine now, moon later” narrative. Whether you’re skeptical or hopeful — it’s one of the most talked-about grassroots crypto experiments out there.
I remember when a friend sent me an invite saying, “You’ll thank me in 3 years.” That was in 2021. Still waiting, bro.
Now Let’s Talk Price Action: The Illusion of the Move
Something caught my eye on the chart this week. A clean, bullish volume impulse. No hesitation.
Just a decisive candle punching through, making people believe this thing was finally ready to run.
But here’s where it gets interesting.
If we prolong the previous liquidity trendlines, both top and bottom — they align perfectly with this new structure. It’s almost poetic. It’s like the market whispered:
“You thought it was random? Think again.”
Now here’s my theory…
The price just made everyone believe it was going long, especially after that juicy move up.
It’s now sitting right on the demand zone created by the last bullish impulse. And trust me — so many people are buying here. You can almost feel it. Limit buys stacked. Longs opening. Hopes rising.
But guess what?
Just below that demand… sits a whole lake of liquidity. All those late long entries? Their stops are hanging right there — like low-hanging fruit for the market makers.
What Could Happen Next?
If you’ve been reading my pieces, you already know — there are no certainties in this game.
I’m not saying it will drop. But the possibility is real:
Price might fake out the demand zone buyers, sweep the liquidity below, and then make its real move up. It wouldn’t be the first time a chart set up this way. It’s a classic trap — and I’ve been caught in it more times than I care to admit.
So what do we do?
Wait for the reaction. If we see a liquidity grab and then a clean change of structure on lower timeframes — that’s our signal. Until then, we don’t chase.
