The Rise of Pi Network... Is it the Start of a Boom or Just a Temporary Hype?
Pi Network is gaining traction, making it one of the hottest cryptocurrencies right now, despite the overall market downturn. This remarkable performance isn't random; several strong factors are at play:
First, the upcoming Consensus 2026 event, one of the largest crypto conferences globally, often precedes speculative waves and price surges.
Second, the anticipation for the launch of Protocol 23, which is expected to introduce significant features such as:
This development could elevate the network from just a mining project to a fully integrated ecosystem.
Third, the near-total dominance of Pi in the mobile mining category, capturing about 99.7% of this market, making it the primary player with no real competition.
Currently, the price is facing strong resistance at $0.190 • Breaking through could push it towards: $0.2045$ → $0.220 • Technical indicators are positive • Momentum is in favor of the buyers in the short term
📉 Strong sell pressure on Bitcoin – Will the downtrend continue?
Price is hovering around 77,000 after a sharp drop from a peak near 79,500, indicating that sellers are in control in the short term.
• Nearby support: 76,500 — breaking this could open the path down to 75,800. • Resistance: 77,700 then 78,300.
The current bounce is weak, and any upward movement might just be a temporary correction unless the price firmly reclaims the 78,000 level. Caution in trading is advised
Western Union is gearing up to launch its stablecoin USDPT on the Solana network, marking a strong entry of traditional institutions into the crypto space. The coin will be dollar-backed and aims to facilitate payments instead of systems like SWIFT, offering faster speeds and lower costs.
The choice of Solana is due to its high speed and large transaction volume, making it suitable for daily global remittances. The company also plans to launch a comprehensive ecosystem that includes a digital asset network and a stablecoin payment card.
SOL is currently holding steady around $86 after a rejection at $91, indicating resilience despite the strong news.
• Support: $82 – $85 • Resistance: $90 – $92 • Trend: Sideways with potential for a price breakout
The news is very positive in the medium term, but the market is waiting for actual impact. A breakout above $92 could trigger a new bullish wave fueled by institutional entry
The Pi Network is dominating 95% of the mobile mining sector, with a market cap nearing $1.85 billion, clearly showcasing its supremacy in this field. As significant updates approach and the team participates in the Consensus 2026 conference, interest in the project's future is ramping up.
From a technical standpoint, the price is currently hovering around 0.179 within a tight range between 0.17 and 0.18, showing some consolidation after notable volatility. The moving averages indicate a temporary equilibrium while the MACD shows the beginnings of slight positive momentum, supporting the potential for a limited rebound.
• Support: 0.17 • Resistance: 0.18 – 0.20 • Trend: Fluctuation with a weak bullish bias
A solid breakout above 0.18 could pave the way toward 0.20 and then 0.25, but staying within the range reflects the market's wait for a strong catalyst. Ultimately, Pi's success will hinge not just on mining but on real-world usage and building a real system #pi
BTC has seen a sharp drop from the 79,400 zone to around 77,400, confirming sellers' dominance in the short term. Currently, the price is trying to recover slightly but remains below crucial moving averages, especially MA25 and MA99, indicating weak upward momentum.
The MACD shows a contraction in negative momentum and a potential positive crossover, which is an initial signal of a bounce attempt, but it hasn't confirmed yet.
• Near support: 77,400 • Resistance: 78,200 – 78,700 • Current trend: Bearish with weak upward correction
Any current rise could just be a re-test before continued decline unless there's a clear breakout above the 78,700 level
Bitcoin Under Short-Term Pressure – Will Support Hold? BTC is showing corrective movement on the 15-minute chart after failing to hold above the 78,200 zone. • Price is hovering around 77,950 • Slight break of the 25-period moving average → Short weakness signal • The 99-period moving average still supports from below (overall bullish trend) • Support: 77,700 then 77,500 • Resistance: 78,000 then 78,200 The short-term trend leans towards a correction, but as long as the price stays above 77,500, there’s a chance for a bounce. A break below this level could trigger further downside.
TRUMP Coin Crash: Mass Sell-off and Security Events Shake the Market
. Sell the News: Ahead of Donald Trump's conference, investors took profits instead of risking it, causing a rapid drop.
. Strong Sell Pressure: A significant increase in trading volume with price decline = mass dumping, not just normal volatility.
. Serious Security Incident: A new assassination attempt on Donald Trump heightened fear and uncertainty, directly pressuring the coin linked to him.
. Breaking Important Support: Breaking the level of 2.85$ opens the door for further decline towards 2.48$ and then $2.10.
. Long-term Collapse: The coin is already down over 96% from its peak ($75), indicating weak confidence overall.
The drop is due to a mix of profit-taking + negative news + technical weakness, not just a single factor. A return to the upside requires reclaiming the level of 2.80$ with strong liquidity influx
The CAKE token is showing clear accumulation signs during this period, which may indicate preparation for an upward movement in the medium to long term. Entry strategy: It’s preferable to buy gradually (DCA) from the current levels and on any additional dips instead of deploying the entire capital in one go
Gunfire Near the White House Correspondents' Dinner
There was gunfire near the White House Correspondents' Dinner, and Donald Trump and his VP were evacuated without injuries. The attacker was apprehended immediately, and the incident occurred outside the venue, not a direct hit.
The delay of the transparency law is shaking up the future of crypto regulation.
The discussion of the CLARITY Act in the U.S. Senate has been pushed to May, with no official timeline from the Banking Committee. Eleanor Terrett confirmed there are no updates from Senator Tim Scott, which has closed the window for April.
The delay is due to conflicting priorities within the Senate, along with calls for a deeper dive into stablecoin issues by Tom Tillis. This situation has raised concerns in the sector, especially with Memorial Day approaching, increasing the chances of ongoing uncertainty around the fate of the law
Long position on PENGU (medium to long-term investment) • Entry zone: $0.0085 • The coin is clearly in an accumulation phase, which could set the stage for a bullish breakout soon, especially with price stability above this zone. • Targets: • Target 1: $0.010 • Target 2: $0.012 • Target 3: $0.015