Will Pi Network’s price drop to a new low next week? ChatGPT issues crucial warning

It’s safe to say that Pi Network’s native token hasn’t enjoyed the first few months after its long-awaited official launch in late February 2025. After a spectacular rally to a new all-time high of almost $3.00, the asset has been in freefall ever since, with a few short and negligible deviations.

It continues to dig new lows, and the latest came during Friday’s market-wide crash, when it fell to a new ATL of $0.172, according to CoinGecko. This means that oil has been dumped by more than 93% since the aforementioned peak.

What lies ahead for PI?

While the macro trend is more than clear for PI, let’s try to highlight a few positives for the bulls and see what ChatGPT believes will be next in terms of price performance. For example, one development that could be considered bullish, or at least not as bearish as it used to be, is the declining number of tokens that will be released next month.

As reported Friday, PiScan data shows a substantial slowdown in this metric, which could ease immediate selling pressure. Nevertheless, ChatGPT is not too optimistic about PI’s future price performance.

It noted that overall market sentiment around Pi Network’s token remains “largely bearish” as community enthusiasm wanes after months of limited ecosystem growth. The trend was categorized as ‘deeply bearish’ and there were no longer strong support levels, and every upswing was met with selling.

The AI ​​solution indicated that the probability of a bearish continuation is greater than 60%, while the chances of a temporary recovery are somewhere around 25%-30% in the following week. Deeper price stabilization is unlikely to happen anytime soon, and ChatGPT has put the odds at 10% to 15% at most.

But what if…?

While ChatGPT’s overall odds, landscape, and forecasts are quite concerning for Pi Network investors, there is always a chance of a surprise in the financial markets. After all, Warren Buffett once said that you should be greedy when others are fearful, because markets tend to move in the opposite direction of what people expect.

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For such a price reversal to occur in Pi Network’s native token, a catalyst is necessary. ChatGPT believes this could stem from the hype surrounding the Hackathon, which is expected to end next week, or that one of the recently implemented updates could finally catch up and cause a price increase for Pi.