Pi Network's token has been under selling pressure recently, caught between two forces squeezing its price. On one side, escalating trade tensions create broader market uncertainty that impacts altcoins. On the other side, scheduled token unlocks are flooding the supply, weighing down the value of existing holders' positions. This combination of macro headwinds and on-chain mechanics tells a familiar story in crypto markets: when sentiment turns negative and new tokens hit the market simultaneously, prices tend to find themselves searching for support. Investors tracking Pi Network should keep both factors in mind—geopolitical ripples and tokenomics mechanics—as they shape short-term volatility.