PI硬幣經歷了相當大的波動性，儘管市場增長范圍更大，但仍在努力穩定

在2月的峰值接近2.99美元之後，代幣的下降幅度超過70％，現在價值接近0.83美元。

The Pi Coins (PI) experienced significant volatility in recent times, struggling to stabilize despite broader cryptocurrency market gains. Following its February peak near $2.99, the token underwent a steep fall exceeding seventy percent, now valued at approximately $0.83. This substantial price decrease has raised concerns among holders regarding its potential for recovery in the upcoming months.

PI硬幣（PI）最近經歷了明顯的波動性，儘管加密貨幣市場的增長較大，但仍在努力穩定。在2月的峰值接近2.99美元之後，該令牌的急劇下降超過70％，現在價值約為0.83美元。這種大幅降低的價格引起了持有者對接下來幾個月中恢復潛力的擔憂。

As the dust settles on an eventful February, the cryptocurrency market is slowly waking up from its slumber. While Bitcoin (BTC) and Ethereum (ETH) continue to march towards new highs, other tokens are struggling to keep up. Among them is Pi Coin (PI), which has seen its price collapse drastically.

隨著塵埃落定的2月，加密貨幣市場正在慢慢從沉睡中醒來。儘管比特幣（BTC）和以太坊（ETH）繼續向新的高點前進，但其他令牌仍在努力跟上。其中包括Pi Coin（PI），其價格崩潰了。

After reaching a peak of $2.99 in February, the Pi token experienced a steep decline of over 70 percent, falling below the $0.83 mark. This sharp decrease in price has sparked worries among holders, who are questioning whether the token can recover in the months to come.

在2月達到2.99美元的高峰之後，PI代幣的急劇下降了70％以上，低於0.83美元。價格的急劇下降激發了持有人的擔憂，他們正在質疑令牌是否可以在未來幾個月內恢復。

After hitting a high of $2.99 in February, Pi's price has fallen below the $0.83 mark. This follows a 70 percent decline from the peak. As of Monday morning, it is trading at $0.80, according to data from OKX.

在2月達到2.99美元的高價後，PI的價格低於0.83美元。這是從峰值下降70％。根據OKX的數據，截至週一上午，它的交易價格為0.80美元。

At the same time, Pi's market capitalization has also seen a drastic reduction. While it was previously estimated at around $20 billion, it has since dropped to $5.35 billion. This sharp decrease in capitalization indicates a decline in trader enthusiasm.

同時，PI的市值也大大減少了。雖然此前估計約為200億美元，但此後已降至53.5億美元。資本化的這種急劇下降表明，交易者的熱情下降。

Moreover, Pi's absence from major trading platforms remains a key obstacle preventing broader user acceptance. While it is available on smaller exchanges like OKX, Gate.io, and Bitget, its unavailability on platforms like Binance and Coinbase limits its reach.

此外，PI缺席主要交易平台仍然是阻止更廣泛的用戶接受的關鍵障礙。雖然它可以在諸如OKX，GATE.IO和BITGET之類的較小交換中使用，但它在Binance和Coinbase等平台上的不可用限制了其覆蓋範圍。

However, some analysts have observed technical formations that suggest a possible turnaround for Pi. If the market conditions become favorable, we might see the token recovering some of its lost value.

但是，一些分析師觀察到了技術形成，這表明PI可能會轉變。如果市場條件變得有利，我們可能會看到代幣恢復了其一些損失的價值。

Why Did Pi Coin Price Collapse?

PI硬幣的價格為什麼崩潰？

One primary factor contributing to the drop in Pi's value is its unavailability on major digital currency exchanges. While crypto traders can access and trade Bitcoin, Ethereum, and other popular tokens on platforms like Binance and Coinbase, Pi is not listed on these platforms.

導致PI價值下降的一個主要因素是其在主要數字貨幣交易所上的不可用。儘管加密交易者可以在Binance和Coinbase等平台上訪問和交易比特幣，以太坊以及其他流行的令牌，但在這些平台上未列出PI。

Instead, Pi is available on smaller exchanges like OKX, Gate.io, and Bitget. This limited availability has significantly affected the overall demand for the token. A future listing on major exchanges might help renew interest in Pi and consequently boost its price.

取而代之的是，PI可在諸如OKX，GATE.IO和BITGET等較小的交換中使用。這種有限的可用性極大地影響了令牌的總體需求。對主要交易所的未來上市可能有助於更新PI的興趣，從而提高其價格。

Another factor that is expected to exert significant pressure on the token's price is the upcoming token unlocks. According to the latest Pi news, over the next twelve months, these events will introduce more than 1.6 billion tokens into the available supply.

預計代幣價格會施加重大壓力的另一個因素是即將到來的令牌解鎖。根據最新的PI新聞，在接下來的十二個月中，這些事件將在可用的供應中引入超過16億個令牌。

This anticipated supply expansion has triggered panic selling among some investors, which has further lowered the token's value. Without clear indications of growing demand, this greater token availability could sustain negative pressure on Pi Network's market valuation.

預期的供應擴張引發了一些投資者的恐慌銷售，這進一步降低了代幣的價值。沒有明確的需求跡象，這種更大的代幣可用性可能會對PI Network的市場估值承受負壓。

Technical Indicators Suggest A Possible Rebound

技術指標表明可能反彈

Despite the significant price drop, technical analysis indicates that the Pi Coin price might be poised for recovery. As we observed in the previous analysis, Pi recently broke out from a falling wedge pattern, a formation that technical analysts keep an eye on.

儘管價格下降了大幅下降，但技術分析表明PI硬幣價格可能已準備好恢復。正如我們在先前的分析中觀察到的那樣，PI最近從掉落的楔形模式中爆發出來，這是技術分析師一直關注的形成。

This pattern, visible on the chart above, is often a signal of potential upward price movements in the near future. If Pi manages to hold its current support area, the next major resistance level is around $1.22, potentially advancing toward $1.50 if sufficient positive momentum builds.

上圖上可見的這種模式通常是在不久的將來潛在的上價移動的信號。如果PI設法持有當前的支持區，那麼下一個主要阻力水平約為1.22美元，如果有足夠的積極動量建立，則可能會晉升為1.50美元。

Other metrics, such as the Relative Strength Index (RSI), suggest that the Pi Network is currently oversold. This market state is usually an indication of a buying opportunity, prompting traders to search for undervalued assets for accumulation.

其他指標，例如相對強度指數（RSI），表明PI網絡目前已超售。這種市場狀態通常表明購買機會，促使交易者尋找被低估的資產以積累。

Moreover, on-chain data reveals that some large-scale investors have been accumulating Pi recently, apparently anticipating a future increase in the asset's value.

此外，鍊鍊數據表明，一些大型投資者最近正在積累PI，顯然預計該資產價值將來會增加。

This activity, despite the recent price decline, might signal optimism among institutional investors regarding Pi's long-term potential.

儘管最近的價格下跌，但這項活動可能會在機構投資者中對PI的長期潛力表示樂觀。

Can Pi Coin Surge To $4 By May?

PI硬幣可以到5月份飆升至4美元嗎？

Expert opinions are divided regarding the immediate future performance of the PI token. Some forecasts suggest that the Pi Network might experience a substantial surge, potentially multiplying in value by 400 percent in the short term.

專家意見在PI代幣的直接表現方面存在分歧。一些預測表明，PI網絡可能會經歷大量激增，在短期內可能會乘以400％。

This optimistic scenario could propel the token towards a new peak around $4.11, possibly by early May. Such high price predictions are derived from analyzing past price behavior alongside the potential growth within the Pi ecosystem.

這種樂觀的場景可能會在五月初，將令牌推向4.11美元左右的新峰值。如此高的價格預測來自分析過去的價格行為以及PI生態系統內的潛在增長。

However, reaching this price goal depends on aligning multiple crucial elements. A key factor would be gaining a presence on major exchanges like Binance or Coinbase. This step is essential for improving trader sentiment and increasing available liquidity.

但是，達到這個價格目標取決於對齊多個關鍵要素。一個關鍵因素是在Binance或Coinbase等主要交易所中獲得存在。此步驟對於改善交易者情緒和增加可用流動性至關重要。

Furthermore, the continuation of positive movement from Bitcoin and other leading digital currencies could lift the general altcoin sector. This rising tide might include the PI token, thus attracting more investor attention and fresh capital inflows.

此外，比特幣和其他領先的數字貨幣的積極移動的延續可能會提升一般的山寨幣部門。這種上升的潮流可能包括PI令牌，從而吸引了更多的投資者關注和新的資本流入。

As the dust settles on

塵埃落定