The post Here’s Why It’s Hard to Stay Bullish appeared on BitcoinEthereumNews.com. Home » Crypto Bits “At some point, you have to ask if this is innovation… orThe post Here’s Why It’s Hard to Stay Bullish appeared on BitcoinEthereumNews.com. Home » Crypto Bits “At some point, you have to ask if this is innovation… or

Here’s Why It’s Hard to Stay Bullish

2026/01/09 06:43
4분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

Home » Crypto Bits


“At some point, you have to ask if this is innovation… or just wasted time and opportunity cost,” one X user stated.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

Unlike many leading cryptocurrencies, Pi Network’s native token failed to post a substantial uptick in the opening days of the new year.

It has been in a massive downtrend over the past several months, prompting some analysts to be quite bearish about the future. Meanwhile, certain indicators suggest a further pullback could be on the horizon.

‘Hard to Stay Bullish’

PI currently trades at approximately $0.20 (per CoinGecko’s data), representing a minor 2% increase on a weekly scale and a whopping 93% collapse since the all-time high of $3 observed in February last year.

X user pinetworkmembers, who has been quite critical of the project as of late, claimed it’s “hard to stay bullish” on PI at the moment. They noted that the asset had barely moved up when BTC bounced at the start of 2026, outlining several hurdles for the price.

The main ones include the lack of support from a major exchange, “no real open mainnet,” unclear supply, centralized control, locked balances, and others.

The increased exchange supply reinforces the bearish outlook. Almost 1.8 million tokens have been transferred to centralized platforms in the past 24 hours alone, which is often considered a pre-sale step.

As of now, more than 425 million PI are stored on exchanges, with roughly 52% of that amount held by Gate.io. Bitget comes in second with around 148 million coins.

You may also like:

PI Exchange Reserves, Source: piscan.io

Something for the Bulls

Some analysts refuse to wave the white flag, arguing that a resurgence could be knocking on the door. X user Vuori Trading claimed that PI has been breaking out from an eight-month downtrend, predicting the price might rise to $0.57 soon.

Prior to that, Aman assumed that the asset had been “consolidating tight under key resistance after trending higher.” The market observer forecasted new peaks should the valuation surge above $0.215.

The upcoming token unlocks also deserve to be observed. Over 130 million PI are scheduled for release in the next 30 days, as today (January 8) is the record day, with 5.3 million coins freed up. The average daily unlock is around 4.36 million, which is less aggressive than in previous months and could provide some short-term price stability.

PI Token Unlocks, Source: piscan.io
SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Source: https://cryptopotato.com/pi-network-pi-price-predictions-heres-why-its-hard-to-stay-bullish/

시장 기회
Bullish Degen 로고
Bullish Degen 가격(BULLISH)
$0.002404
$0.002404$0.002404
+1.30%
USD
Bullish Degen (BULLISH) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!