PI Network（PI）價格崩潰了55％，因為令牌解鎖和更廣泛的市場弱點重

PI網絡價格急劇下降，最近幾天喪失了重大價值。最近在加密投資者中獲得了吸引力的代幣

The Pi Network price has seen a sharp decline, losing significant value in recent days. The token, which recently gained traction among crypto investors, has dropped below a crucial support level as its latest recovery attempt lost momentum.

PI網絡價格急劇下降，最近幾天失去了顯著價值。最近在加密貨幣投資者中獲得了吸引力的代幣，隨著其最新的恢復嘗試損失勢頭，其最新​​的支持水平下降了至關重要的支持水平。

On Sunday, Pi Network’s price hit $1.3340, marking a staggering 55% drop from its February peak. The coin’s market capitalization now stands at approximately $9.7 billion, raising concerns among investors about its future trajectory.

週日，PI Network的價格達到了1.3340美元，標誌著從2月的峰值下降了55％。硬幣的市值現在約為97億美元，引起了投資者對其未來軌蹟的擔憂。

Why Is the Pi Network Price Crashing?

為什麼PI網絡價格崩潰？

Several key factors have contributed to Pi Network’s recent downturn, including concerns over token unlocks, broader crypto market weakness, and bearish technical patterns. Let’s break down these factors in detail.

PI Network最近的下滑，包括對令牌解鎖的擔憂，更廣泛的加密貨幣市場弱點和看跌技術模式的關注。讓我們詳細分解這些因素。

Concerns Over Token Unlocks and Dilution

擔心令牌解鎖和稀釋

One of the primary reasons behind Pi Network’s price decline is the concern surrounding upcoming token unlocks. Data from the Pi Network explorer reveals that the circulating supply stands at 7.22 billion tokens, while the total supply is set at a staggering 100 billion. This means that approximately 93 billion tokens remain to be unlocked gradually over the coming years.

PI網絡價格下跌的主要原因之一是圍繞即將到來的令牌解鎖的關注點。 PI Network Explorer的數據表明，循環供應量為72.2億代幣，而總供應量設定為驚人的1000億。這意味著在未來幾年中，仍有大約930億個代幣要逐漸解鎖。

For March alone, Pi Network is expected to unlock 188 million tokens, adding to the circulating supply. Moreover, over 1.4 billion tokens are scheduled for release throughout the year. A significant portion of these unlocks will take place between 2027 and 2028.

僅在三月，PI網絡預計將解鎖1.88億個令牌，從而增加循環供應。此外，計劃全年發布超過14億個代幣。這些解鎖的很大一部分將在2027年至2028年之間進行。

A rapid increase in the token supply without a proportional rise in demand could lead to further price drops. When a large volume of tokens enters the market, it typically results in dilution, reducing the value of each token. Investors appear to be reacting to this potential devaluation by offloading their holdings.

代幣供應迅速增加而沒有比例的需求增加可能會導致價格下跌。當大量令牌進入市場時，通常會導致稀釋，從而降低每個令牌的價值。投資者似乎通過卸載其股份來應對這種潛在的貶值。

Crypto Market Weakness Weighs on Pi Network

加密市場弱點在PI網絡上

The broader cryptocurrency market has experienced a downturn, and Pi Network has not been immune to this bearish sentiment. Bitcoin, the flagship cryptocurrency, has recorded a substantial decline, with the total market capitalization of all digital assets falling by 3.65% to $2.75 trillion.

更廣泛的加密貨幣市場經歷了低迷，PI網絡尚未免疫這種看跌感。比特幣是旗艦加密貨幣，已有大幅下降，所有數字資產的總市值下降了3.65％，至2.75萬億美元。

The recent market-wide decline follows critical events in the U.S., including former President Donald Trump’s crypto summit. While the summit brought attention to digital assets and introduced discussions about a strategic crypto reserve, the market reaction has been largely negative. Investors appear to be engaging in a “sell-the-news” phenomenon, where they unload their holdings following major announcements.

最近在市場範圍內的下降是在美國的關鍵事件之後，包括前總統唐納德·特朗普的加密峰會。峰會引起了人們對數字資產的關注，並引入了有關戰略加密保護區的討論，但市場反應在很大程度上是負面的。投資者似乎正在參與“銷售新聞”現象，在重大公告後，他們卸下了股份。

Given the correlation between Bitcoin and altcoins, Pi Network has followed the broader market trend, exacerbating its already fragile technical position.

鑑於比特幣與山寨幣之間的相關性，PI網絡遵循了更廣泛的市場趨勢，加劇了其已經脆弱的技術地位。

Bearish Technical Signals

看跌技術信號

From a technical perspective, Pi Network’s price crash was anticipated due to the formation of a Head and Shoulders pattern—a well-known bearish indicator in financial markets.

從技術的角度來看，由於頭部和肩膀模式的形成，這是金融市場中眾所周知的看跌指標，預計PI網絡的價格崩潰。

Pi Network peaked at $3 in February before steadily declining. The neckline of this pattern, which was located at $1.5020, was breached, confirming the bearish breakout. The token has since dropped below key technical levels:

PI Network在2月達到了3美元的峰值，隨後穩步下降。這種圖案的領口被違反了1.50美元的損失，證實了看跌的突破。此後，令牌已降至關鍵技術水平以下：

These technical indicators suggest that Pi Network may continue its downward trajectory unless there is a strong reversal signal from buyers.

這些技術指標表明，除非買家有強烈的逆轉信號，否則PI網絡可能會繼續其向下軌跡。

Where Is Pi Network Headed Next?

PI網絡下一步在哪裡？

If the bearish trend persists, Pi Network could decline further, with sellers targeting the $1.00 support level. A break below this level could accelerate losses, potentially pushing Pi Network to its post-listing lows. Such a scenario would represent an additional 50% drop from current levels.

如果看跌趨勢仍然存在，PI網絡可能會進一步下降，賣方以1.00美元的支持水平為目標。低於此水平的突破可能會加速損失，從而將PI網絡推向其後列表的低點。這樣的情況將代表當前水平下降50％。

On the flip side, if Pi Network manages to reclaim and sustain above the $1.50 resistance level, it could invalidate the bearish outlook. A successful push above this level could signal renewed buying interest and open the door for a potential recovery towards $2.00.

另一方面，如果PI網絡設法收回並維持高於1.50美元的電阻水平，則可能使看跌前景無效。超過此級別的成功推動可能意味著重新購買利息，並為潛在的回收率打開大門，以2.00美元的價格收回。