自3月12日集會以來，PI網絡[PI]一直處於嚴重的下降趨勢

自3月12日的強烈集會在一天內獲得了26.28％的增長，PI Network [pi]一直處於嚴重的下降趨勢中。

Pi Network [PI] has been on a turbulent journey in recent times, displaying a strong rally on the 12th of March.

PI Network [Pi]近來一直在動盪不安的旅程，並在3月12日舉行了強烈的集會。

The token gained 26.28% in a single day, but this was followed by a steep downtrend.

代幣一天在一天內獲得了26.28％，但隨後是陡峭的下降趨勢。

Over the past week, the 82.8 billion PI coin holdings by the project raised concerns about the network’s centralized nature and its long-term sustainability.

在過去的一周中，該項目的828億枚PI硬幣持有引起了人們對網絡的集中性質及其長期可持續性的擔憂。

Since that one-day surge, PI has shed 54%. Technical analysis highlighted support levels where bulls could force a price bounce. Investors looking to buy can wait for the trend to shift bullishly.

自從這一天激增以來，PI降低了54％。技術分析強調了支持水平的支持水平，公牛可能會迫使價格反彈。想要購買的投資者可以等待趨勢的看法。

The PI market structure remains bearish across timeframes

PI市場結構在跨時間範圍

Source: PI/USDT on TradingView

資料來源：PI/USDT在TradingView上

A glance at the 4-hour chart revealed a firm downtrend. The CMF remained below -0.05 for most of the past week, indicating capital outflows from the market. This correlated with selling pressure.

一眼四小時的圖表顯示出了堅定的下降趨勢。在過去一周的大部分時間裡，CMF仍低於-0.05，表明資本流出了市場。這與銷售壓力有關。

The 20 and 50-period moving averages also depicted the downtrend effectively.

20和50週期移動平均也有效地描繪了下降趨勢。

In recent days, the 20SMA on the 4-hour chart acted as dynamic resistance. Hence, a retest of the two moving averages might result in downward pressure on PI prices in the coming days.

最近幾天，4小時圖表上的20SMA充當動態電阻。因此，對兩個移動平均值的重新測試可能會導致未來幾天對PI價格的下降壓力。

Source: PI/USDT on TradingView

資料來源：PI/USDT在TradingView上

Utilizing the downward swing move from $1.22 to $0.86 a week ago, a set of Fibonacci retracement and extension levels were plotted.

繪製了一套斐波那契回回和延長水平的下降搖擺從一周前的$ 1.22轉移到0.86美元。

These levels suggested that the Pi Network token was heading toward $0.775 and $0.638 in the upcoming days, serving as take-profit levels for short sellers.

這些水平表明，在接下來的日子裡，PI網絡令牌將朝著0.775美元和0.638美元的價格邁出，這是賣空者的分支機構水平。

The price rebound on the 21st of March turned out to be a rejection from the 78.6% retracement level at $1.14. Subsequently, PI experienced a 28.38% decline and slipped below the $0.86 support zone.

3月21日的價格反彈證明是從78.6％的回撤水平拒絕，為1.14美元。隨後，PI下降了28.38％，低於0.86美元的支持區。

The $0.65 support zone was noteworthy as it coincided with the lows from the 21st of February, highlighting a key support level.

$ 0.65的支撐區值得注意，因為它與2月21日的低點相吻合，突出了關鍵支撐級。

Source: Coinalyze

資料來源：赤果

The Funding Rate remained persistently negative over the past week. Short-sellers were paying a premium for their positions relative to long positions, indicating bearish sentiment in the derivatives market.

在過去一周中，資金率仍然持續負面。賣空者的職位相對於長期職位，表明衍生品市場的看跌情緒。

Open Interest remained flat over the past four days. Market participants appeared to prefer staying on the sidelines as PI continued its steady downtrend.

在過去的四天中，開放興趣保持平坦。隨著PI繼續穩定下降，市場參與者似乎更喜歡留在場上。

From the analysis, it appeared that a move to $0.775 and $0.638 was likely to transpire in the upcoming days as investors focused on fib levels.

從分析中，隨著投資者的重點關注FIB水平，似乎轉移到0.775美元和0.638美元。