PI網絡面臨重大挑戰，因為其本地加密貨幣繼續面對向下壓力

PI網絡正在面臨重大挑戰，因為其本地加密貨幣繼續面對向下壓力。

Pi Network is currently facing significant challenges as its native cryptocurrency, PI, continues to be battered. The project, known for its mobile-mining initiative and broad community involvement, sees its token price slide further and trading volume take a hit.

PI網絡目前正面臨重大挑戰，因為其本地加密貨幣PI繼續受到打擊。該項目以其移動開採計劃和廣泛的社區參與而聞名，它看到其代幣價格進一步幻燈片，交易量受到打擊。

Amid this price action, community frustration is brewing over the Core Team's communication style and administrative practices, which could be a critical factor in the project's ability to overcome the difficulties it's encountering.

在這一價格行動中，社區挫敗感正在醞釀中，對核心團隊的溝通風格和行政實踐進行了醞釀，這可能是該項目克服遇到困難的能力的關鍵因素。

PI price sheds another 4%

Pi Price再降低4％

PI price dropped by another 4% in recent trading, taking it below the $0.70 threshold. This continues a downward trend for the token, which has now lost 20% of its value over the past seven days.

PI價格在最近的交易中又下跌了4％，低於0.70美元的門檻。對於代幣，這持續了下降的趨勢，該代幣現已在過去七天中損失了其價值的20％。

Trading volume also took a substantial hit, plummeting 52% to $148 million. This signals a rapid decline in interest from market participants in the token.

交易量也受到了巨大打擊，下降了52％，至1.48億美元。這表明令牌參與者的興趣迅速下降。

The price movement formed a classic falling wedge pattern, with PI currently testing the lower boundary of this pattern at around $0.687. For any potential reversal, the price would need to break above the $0.71-$0.72 range with strong volume.

價格變動形成了經典的下降楔形圖案，當前PI測試了該模式的下邊界，約為0.687美元。對於任何潛在的逆轉，價格都需要超過$ 0.71- $ 0.72的範圍，而且數量強。

Community dissatisfaction grows over administrative practices

社區的不滿在行政實踐上增長

A significant factor behind PI's struggles appears to be the growing frustration among community members with the Core Team's communication and administrative practices.

Pi掙扎的一個重要因素似乎是通過核心團隊的溝通和行政實踐的社區成員越來越沮喪。

Despite the team recently announcing the success of the inaugural PiFest on the Open Network, which reportedly saw the participation of over 125,000 registered sellers and 1.8 million Pioneers, members of the Pi community expressed skepticism toward these figures.

儘管該團隊最近在開放網絡上宣布了首屆Pifest的成功，據報導，該團隊參與了125,000多名註冊賣家和180萬個先驅，但PI社區的成員對這些數字表示了懷疑。

One community member, known as Dr. Altcoin, pointed out that since the PiFest began, Pi trading activity within the ecosystem has reached its lowest levels. Most transactions involved people selling Pi for cash.

一位被稱為Altcoin博士的社區成員指出，自從Pifest開始以來，生態系統內的PI交易活動已達到其最低水平。大多數交易涉及出售PI現金的人。

They added that the administrative practices of the Pi Core Team remain the same as they were during the closed mainnet phase. The monthly updates are becoming predictable and insufficient for maintaining an engaged community in the long term.

他們補充說，PI核心團隊的行政實踐與封閉的Mainnet階段相同。從長遠來看，每月更新已成為可預測的，並且不足以維持敬業的社區。

Many users are now calling for more transparent communication from the development team and potentially new leadership with deeper cryptocurrency expertise.

現在，許多用戶呼籲開發團隊進行更透明的溝通，並具有更深入的加密貨幣專業知識的新領導力。

This disconnect between the administrative arm of the project and community members could be a major obstacle to the project's recovery.

該項目的行政部門與社區成員之間的這種脫節可能是該項目恢復的主要障礙。

Is interest in Pi Network waning?

對PI網絡的興趣減弱嗎？

To add to the network's troubles, it has reduced its base mining rate again this month, decreasing it by 1.18% to 0.0029030 π per hour. This continues a trend of gradual reductions in mining rewards.

為了加上網絡的麻煩，它在本月的基本礦井率再次降低，將其降低了1.18％至0.0029030π。這延續了逐漸減少採礦獎勵的趨勢。

Some community members have suggested that this reduced interest in mining may be related to Pi's currently low trading value on exchanges, creating a kind of feedback loop between mining participation and market value.

一些社區成員建議，對採礦的興趣減少可能與PI當前在交易所的交易價值低有關，從而在採礦參與和市場價值之間創造了一種反饋迴路。

Despite rumors of potential listings on major cryptocurrency exchanges like Binance and Coinbase, no such developments have yet materialized. While BTCC exchange reportedly added Pi for spot trading, this news failed to generate any positive momentum for the token's price.

儘管有傳言稱關於二心和共同基礎等主要加密貨幣交換的潛在列表，但尚未實現此類發展。據報導，BTCC Exchange添加了PI進行現貨交易，但該消息未能為代幣的價格帶來任何積極的勢頭。

Technical analysis outlook: Further weakness expected

技術分析前景：預期的進一步弱點

From a technical analysis standpoint, the outlook for PI appears increasingly bleak. The token is just 14.9% away from its all-time low of $0.6152, which was reached on February 20.

從技術分析的角度來看，PI的前景似乎越來越黯淡。該令牌與2月20日達到的0.6152美元的歷史最低點僅14.9％。

Recent price action shows PI briefly finding support at $0.6800, but momentum indicators suggest this was only a temporary respite, and the token would need to climb by 6.3% to have another chance at reversing its downtrend.

最近的價格行動顯示，PI短暫地發現支持為0.6800美元，但動量指標表明這只是暫時的喘息，代幣需要攀升6.3％，以便再次有機會扭轉其下降趨勢。

A Fibonacci retracement study reveals that the bears may have set a liquidity trap, as the token surged above the 61.8% Fibonacci level before collapsing shortly after. This pattern typically indicates the continuation of a downtrend rather than its reversal.

一項斐波那契回曲研究表明，熊可能已經設定了流動性陷阱，因為在不久之後倒塌之前，令牌飆升至61.8％的斐波那契水平。這種模式通常表明下降趨勢而不是其逆轉。

Should the current support level at $0.6800 fail to hold, there appears to be little standing in the way of PI reaching new all-time lows.

如果目前的支持水平為$ 0.6800，那麼PI似乎幾乎沒有限制新歷史最低點。

KYC changes and broader crypto community backlash

KYC改變和更廣泛的加密社區反彈

Recent changes to the network's Know Your Customer (KYC) protocols have also alienated parts of the community. The project has recently announced that it will be adding email-based two-factor authentication to the overall account management and verification.

網絡的最新更改知道您的客戶（KYC）協議也疏遠了社區的部分。該項目最近宣布，它將在整體帳戶管理和驗證中添加基於電子郵件的兩因素身份驗證。

This move is being made to address challenges with current SMS (text message) account verification, improve account security, and prepare for future integration with the Stellar blockchain. However, this announcement has sparked controversy.

正在採取此舉是為了解決當前的SMS（文本消息）帳戶驗證，提高帳戶安全性並為將來與Stellar區塊鏈集成的準備。但是，這一公告引發了爭議。

Many crypto enthusiasts value anonymity and privacy, and they see KYC requirements and email-based 2FA as intrusions into their online autonomy. In an industry that is often critical of centralized institutions and overreaching surveillance, these additions to the Pi Network are being met with skepticism and, in some cases, hostility.

許多加密愛好者重視匿名和隱私，他們認為KYC要求和基於電子郵件的2FA是侵入其在線自主權的。在通常批評集中式機構和過度監視的行業中，對PI網絡的這些增加受到懷疑，在某些情況下是敵對的。

This backlash comes on top of earlier criticisms regarding Pi's decision to require users to undergo KYC procedures in order to migrate their tokens from the closed mainnet to the open mainnet. Such administrative choices are often at the center of community debate

這種反彈是對PI決定要求用戶進行KYC程序以將其令牌從封閉的Mainnet遷移到Open Mainnet的較早批評。這種行政選擇通常是社區辯論的中心