Pi Coin在買方支持薄弱的情況下面臨下降壓力

PI Network（PI）再次調情，決定性分解低於1美元，在撰寫本文時以0.94美元的價格進行交易。

Pi Network (PI) token is once again facing downtrend pressure as it flirts with a decisive breakdown below the $1 level, currently trading at $0.94. The latest price action shows mounting weakness, with technical indicators flashing bearish warnings across multiple timeframes.

PI Network（PI）令牌再次面臨下降壓力，因為它在低於1美元的水平上調情，目前交易價格為0.94美元。最新的價格動作顯示了越來越多的弱點，技術指標在多個時間表上閃爍看跌警告。

The token, which briefly soared above $3 in early March, has since given up more than 65% of its gains, reflecting fading momentum and growing skepticism about its long-term tokenomics. Despite its vocal community, Pi remains unlisted on major exchanges, and current prices are based on speculative IOU contracts, adding further risk for retail buyers.

該代幣在3月初短暫飆升至3美元以上，此後已經放棄了超過65％的收益，反映了褪色的勢頭和對其長期令牌的懷疑。儘管PI具有聲音社區，但PI仍未在主要交易所中持有，並且目前的價格基於投機性IOU合同，從而增加了零售買家的風險。

Technical Analysis: Breakdown Below $1 Could Trigger Panic

技術分析：$ 1以下的細分可能引發恐慌

Even though Pi Coin’s trading structure is unusual, some public exchange data gives us enough to outline the main trends and pivots in the current technical outlook:

儘管Pi Coin的交易結構是不尋常的，但一些公共交換數據為我們提供了足夠的概述，以概述當前技術前景中的主要趨勢和樞軸：

Major Resistance Levels: $1.5, $2, $2.5

主要阻力水平：$ 1.5，$ 2，$ 2.5

Major Support Levels: $1, $0.5, $0

主要支持水平：$ 1，$ 0.5，$ 0

Relative Strength Index (14): Deeply oversold below 30, indicating strong bearish pressure and potential for further price declines.

相對強度指數（14）：高於30以下的高度超過30，表明看跌壓力很大，而且可能會下降。

Moving Average Convergence Divergence (MACD): Histograms are in the negative zone on both 12/26/9 and 24/52/18 timeframes, suggesting a strong downtrend with no immediate signs of reversal.

移動平均收斂差異（MACD）：直方圖在12/26/9和24/52/18時框架上均處於負區域，這表明沒有立即反轉跡象的強勁下降趨勢。

Parabolic SAR: Dot is above the price, confirming the bearish trend.

拋物線SAR：DOT高於價格，證實了看跌趨勢。

Bollinger Bands: Bands have widened significantly, indicating increased price volatility.

Bollinger樂隊：樂隊已大大擴大，表明價格波動提高。

Is This the End for Pi Coin?

這是PI硬幣的終結嗎？

The current dip below the key $1 support level has sparked discussions about a potential collapse of the token. While the latest price action shows weakness, it’s still premature to call it a total wipeout.

當前的下降到關鍵$ 1的支持水平以下引發了有關令牌潛在崩潰的討論。雖然最新的價格動作表現出弱點，但稱其為完全的廢止仍然為時過早。

The future of Pi Coin hinges on a few key developments:

PI硬幣的未來取決於一些關鍵的發展：

What Needs to Change

需要改變什麼

Without these milestones, Pi risks fading into crypto obscurity—despite its large user base.

如果沒有這些里程碑，PI可能會逐漸衰落加密的默默無聞，儘管它是大型用戶群。

Final Thoughts: Collapse or Comeback?

最終想法：崩潰還是捲土重來？

Crashing below $1 is a big psychological blow for Pi holders, but it’s not necessarily the end—yet. Until the Pi Network team delivers on its promises, the coin will remain in a speculative grey zone.

對於PI持有人來說，跌至1美元以下是一項巨大的心理打擊，但這不一定是結局。在PI網絡團隊兌現其承諾之前，硬幣將留在投機灰色區域。

For now, investors should stay cautious and avoid overcommitting unless key updates are officially rolled out.

目前，除非正式推出關鍵更新，否則投資者應保持謹慎，並避免過度承諾。