Sentiment Spikes and the Pi Coin Correction
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Market sentiment around Pi Coin hit a six-month high on March 13, with optimism at 12. Historically, such peaks often precede sharp reversals—and this time was no exception.
Following the spike, Pi Coin plunged from nearly $0.30 to around $0.20—a 37% drop. With sentiment fading fast and technical signals showing bearish patterns, traders are bracing for further downside while Bitcoin rallies independently.