PI Network（PI）在過去24小時內飆升7.8％，從$ 0.86彈跳到每日高點1.08美元

這種價格上漲遵循下降渠道內數週的向下壓力，這表明測試支持後潛在的短期底部

Pi Network (PI) price surged 7.8% in the last 24 hours, bouncing from a low of $0.86 to reach a daily high of $1.08.

PI Network（PI）的價格在過去24小時內飆升了7.8％，從低於0.86美元的低點彈跳到每日高點1.08美元。

This price increase follows several weeks of downward pressure within a descending channel, suggesting a potential short-term bottom after testing the support level of around $0.8627.

這種價格上漲是在下降渠道內數週的下降壓力之後，這表明在測試支持水平約為0.8627美元左右後，潛在的短期底層。

Despite the recovery, Pi remains below the 50-period Exponential Moving Average (EMA), currently at $1.2213. Technical resistance is forming at $1.10 and it needs to break above $1.1089 to confirm continued bullishness.

儘管恢復了，但PI仍低於50個週期的指數移動平均線（EMA），目前為1.2213美元。技術阻力的形成為1.10美元，需要超過1.1089美元以確認持續看漲。

If successful, the next upward price targets will be $1.22 and $1.35. If this momentum cannot be maintained, the price may revert to $0.86—or even lower at $0.64.

如果成功，下一個上升目標目標將為$ 1.22和1.35美元。如果無法維持此勢頭，價格可能會恢復到0.86美元，甚至降低為0.64美元。

Delayed listing on Binance continues to cloud sentiment

Binance上的延遲列表繼續籠罩著情感

Much of the recent volatility may stem from Binance's decision not to include Pi in its latest community vote, despite 86% of voters supporting the listing. This omission has led to investor disappointment and new selling pressure, especially in the context of an already fragile sentiment.

儘管有86％的選民支持上市，但最近的大部分波動性可能源於Binance決定不將PI納入其最新社區投票的決定。這種遺漏導致投資者失望和新的銷售壓力，尤其是在已經脆弱的情緒中。

Overview of triggering factors for volatility:

觸發因素的概述：

Uncertainty about Binance's listing despite strong user support

儘管用戶支持強烈

Unconfirmed rumors about token burns add to the confusion

關於令牌燒傷的未經證實的謠言加劇了混亂

Hawkish macro conditions tied to Fed policy

鷹派宏觀條件與美聯儲政策有關

User disappointment related to the loss of tokens during migration

用戶失望與遷移期間令牌丟失有關

With price action increasingly dominated by sentiment, the lack of clear significant milestones for Pi further amplifies the speculation surrounding this token.

隨著價格行動越來越受到情感的統治，缺乏明顯的重要里程碑，進一步擴大了圍繞該令牌的猜測。

What are the next price levels and outlook for Pi Coin:

PI硬幣的下一個價格水平和外觀是什麼：

Technically, Pi needs to break above $1.1089 and hold above $1.20 to signal a trend reversal. Additionally, levels of $1.35 and $1.51 represent intermediate targets.

從技術上講，PI需要超過$ 1.1089，並持有以上1.20美元的價格，以表明趨勢逆轉。此外，$ 1.35和1.51美元的水平代表中間目標。

On the other hand, support is found at $0.8627, with deeper risk levels at $0.6441 and $0.4414.

另一方面，支持的價格為0.8627美元，更深的風險水平為0.6441美元和0.4414美元。

Market performance is likely to remain sensitive to macro factors such as the Federal Reserve's interest rate policy and overall cryptocurrency sentiment.

市場績效可能對宏觀因素保持敏感，例如美聯儲的利率政策和整體加密貨幣情緒。

Main technical levels:

主要技術級別：

Resistance levels: $1.1089, $1.2213 (EMA), $1.3536

電阻水平：$ 1.1089，$ 1.2213（EMA），$ 1.3536

Support: $0.8627, $0.6441, $0.4414

支持：$ 0.8627，$ 0.6441，$ 0.4414

Breaking above $1.20 with volume confirmation could mark the beginning of a broader trend reversal, but until then, caution is still necessary.

在數量確認的情況下，打破1.20美元以上的$ 1.20可能標誌著更廣泛的趨勢逆轉的開始，但在此之前，仍然需要謹慎。

What caused the previous PI sell-off?

是什麼原因導致了以前的PI拋售？

Before the recent recovery, Pi experienced continuous losses. Here are the reasons behind the downtrend:

在最近恢復之前，PI經歷了持續的損失。這是下降趨勢背後的原因：

Macroeconomic pressure: The Federal Reserve's pause on interest rates at 4.50% has failed to soothe the market. Uncertainty surrounding future cuts is putting pressure on speculative assets, including cryptocurrencies.

宏觀經濟壓力：美聯儲的利率停頓為4.50％，未能撫慰市場。圍繞未來削減的不確定性構成了投機資產的壓力，包括加密貨幣。

Concerns about token supply: The circulating supply stands at 6.84 billion, with a total cap of 100 billion. Rumors about token burns have never been confirmed, increasing inflation concerns among investors.

對令牌供應的擔憂：循環供應量為68.4億，總上限為1000億。關於代幣燒傷的謠言從未得到證實，這增加了投資者的通貨膨脹問題。

Disappointment over exchange listing: The highly anticipated Binance listing around March 14 did not occur, resulting in a sharp decline as expectations were abruptly reset.

對交換清單的失望：3月14日左右的備受期待的二元列表尚未發生，由於預期突然重置，因此急劇下降。

Losses related to migration: Operational issues, including the loss of tokens due to expiration, further erode user trust during the Pi network transition.

與遷移有關的損失：運營問題，包括由於到期而導致的令牌丟失，在PI網絡過渡期間進一步侵蝕了用戶信任。

Final thoughts: Short-term optimism, long-term uncertainty

最終想法：短期樂觀，長期不確定性

While the 7.8% increase of Pi Coin signals renewed interest, it has yet to overcome key resistance levels or address its structural issues. Without confirmed exchange listings, a transparent tokenomics roadmap, and consistent network performance, Pi remains a speculative asset navigating a volatile environment.

儘管PI硬幣的7.8％提高信號恢復了興趣，但它尚未克服關鍵阻力水平或解決其結構性問題。如果沒有確認的交換清單，透明的標記路線圖和一致的網絡性能，PI仍然是一種投機資產，可導航揮發性環境。