PI網絡（PI）代幣價格下跌26.31％，將價格行動推高以下

PI網絡令牌經歷了動蕩的階段，急劇下降了26.31％的下降，其價格行動遠低於關鍵支持水平。

In a turbulent 24-hour period, the Pi Network (Pi) token has experienced significant volatility, marking a dramatic 26.31% decline. This steep drop pushed Pi’s price action well below critical support levels and into extreme oversold conditions, evidenced by the Relative Strength Index (RSI) plummeting to 23.35. The RSI measures the magnitude of recent price movements to evaluate overbought or oversold conditions, typically used in technical analysis. A reading of 0 indicates extreme oversold conditions, while a reading of 100 indicates extreme overbought conditions.

在動蕩的24小時時期，PI網絡（PI）令牌的波動性顯著，標誌著下降的26.31％。這種陡峭的下降將PI的價格動作遠低於關鍵支持水平，並進入了極端的超售條件，這證明了相對強度指數（RSI）的下降至23.35。 RSI衡量了最近的價格變動的幅度，以評估通常用於技術分析的過分買賣條件。讀數為0表示極端的過多條件，而100讀的讀數表示極端的條件。

However, after this swift decline, Pi took a breather and staged a modest recovery of 8.03% in the past 24 hours. As of 08:08 (GMT+8), Pi is priced at $0.965763, showing a small increase of 0.5%. The token boasts a 24-hour trading volume of $1.18 billion, and it has a market capitalization of $6.56 billion, ranking it among the top 30 cryptocurrencies.

然而，在這種迅速下降之後，PI喘口氣，在過去24小時內上漲了8.03％。截至08:08（GMT+8），PI的價格為$ 0.965763，顯示為0.5％。代幣的交易量為11.8億美元，市值為65.6億美元，將其排名為前30名加密貨幣。

The token’s price band over the past 24 hours ranges from a low of $0.893640 to a high of $1.07. In the seven-day period, Pi’s price has oscillated between a minimum of $0.864266 and a maximum of $1.36.

在過去的24小時中，令牌的價格頻段從低於0.893640的低點到高價1.07美元。在七天的時間裡，PI的價格在最低0.864266 $ 1.36之間振盪。

As Pi’s price continues to fluctuate, market participants are closely observing the token’s ongoing struggle between buyers and sellers.

隨著PI的價格繼續波動，市場參與者正在密切觀察到代幣在買賣雙方之間正在進行的鬥爭。

Pi Network’s Volatile Trajectory: What’s Next?

PI Network的揮發性軌跡：下一步是什麼？

Pi Network’s price action follows a repetitive pattern: a brief pump, followed by another sharp drop. For instance, after rallying to $1.3, market participants may observe this cycle and predict potential movements where Pi could rally further toward $1.2 or $1.3 before another retracement to $0.8 or $0.7.

PI Network的價格動作遵循重複的模式：簡短的泵，然後再急劇下降。例如，在集市至1.3美元之後，市場參與者可能會觀察到這一周期並預測潛在的運動，在此期間，PI可以進一步升至1.2美元或1.3美元，然後再回撤至0.8美元或0.7美元。

If the cycle persists, we might witness price bounces to $1 or $0.9, only to be met with deeper corrections to $0.6 or even $0.5. In extreme cases, we might even see Pi testing lower support zones around $0.3 or $0.2. A steeper decline could see Pi dipping to $0.009, $0.008, or even $0.007.

如果週期持續存在，我們可能會目睹價格彈起至$ 1或$ 0.9，只能得到更深層次的更正至$ 0.6甚至0.5美元。在極端情況下，我們甚至可能會看到PI測試較低的支撐區域約0.3美元或0.2美元。急劇下降可能會使PI下降到0.009美元，0.008美元，甚至0.007美元。

This scenario is primarily driven by increasing circulating supply as more Pi tokens unlock when users pass KYC and as lockup periods expire. This influx of tokens into the market results in heightened selling pressure, which is unlikely to be offset by sufficient buying demand, especially considering the token’s poor liquidity.

這種情況主要是由於用戶通過KYC並隨著鎖定週期到期時的PI代幣解鎖而增加的循環供應驅動的。將令牌大量湧入市場會導致銷售壓力加重，這不太可能被足夠的購買需求所抵消，尤其是考慮到令牌流動性不佳。

The Psychology Behind Pi’s Sell-Off

PI拋售背後的心理學

Many long-term Pioneers, miners who have been accumulating Pi for the past six years, are expected to take profits upon token unlocks, which may contribute to the continued decline in Pi’s price. Additionally, some users who are unfamiliar with Web3 fundamentals might panic sell as they witness a downward spiral in the token’s price, further accelerating the bearish momentum.

許多長期的開拓者，過去六年來一直積累了PI的礦工，預計將獲得代幣解鎖的利潤，這可能會導致PI價格的持續下降。此外，一些不熟悉Web3基礎知識的用戶可能會驚慌失措，因為他們看到了代幣的價格下降，進一步加速了看跌的動力。

However, this phase of market turbulence could also present an opportunity. As Pi’s price bottoms out and finally stabilizes, strategic investors may view it as a discounted entry point.

但是，這個市場動蕩的階段也可能帶來機會。隨著PI的價格降低並最終穩定，戰略投資者可能會將其視為折扣入口點。

Considering that Pi operates as a Layer 1 blockchain, its long-term potential remains tied to ecosystem development. Only after the price stabilizes, early sell-offs subside, and Pi’s decentralized applications (DApps) begin to gain traction will we truly witness the network maturing.

考慮到PI是第1層區塊鏈，其長期潛力仍與生態系統的發展有關。只有在價格穩定下來，早期拋售的消退，PI的分散應用程序（DAPP）開始獲得吸引力，我們才能真正見證網絡成熟。

For now, Pi Network remains a highly volatile asset, largely driven by market speculation and token unlocks. Short-term traders may capitalize on these price swings, while long-term investors should closely monitor ecosystem developments before making significant moves. The real test for Pi will be its ability to transition from speculative hype to fundamental-driven growth through a robust DApp ecosystem and increasing adoption. Otherwise, Pi might fizzle out like many other hyped crypto projects.

目前，PI網絡仍然是一個高度波動的資產，主要是由市場投機和令牌解鎖驅動的。短期交易者可能會利用這些價格波動，而長期投資者應在進行重大行動之前密切監控生態系統的發展。 PI的真正測試將是它通過強大的DAPP生態系統和提高的採用能力從投機性炒作過渡到基本驅動的增長。否則，PI可能會像許多其他大肆宣傳的加密項目一樣消失。