币界网报道:Pi Coin shows signs of a potential price rebound after a 70% decline, with technical indicators suggesting a possible reversal. The cryptocurrency's chart has formed a falling wedge pattern, typically signaling an upward breakout. Analysts note that Pi Coin's upcoming event, Pi2Day on June 28, could serve as a catalyst for renewed interest. The project's open mainnet transition remains pending, though developers recently enabled external wallet integrations. Market observers highlight Pi Network's growing ecosystem, including over 50 listed exchanges and increasing merchant adoption, as factors that may support recovery. However, critics point to the token's lack of utility and centralized distribution as ongoing concerns. The coin's price action will be closely watched following its steep drop from all-time highs earlier this year.