美國總統唐納德·特朗普（Donald Trump）的全球互惠關稅引發了全球金融市場的新恐慌。

比特幣通常被視為危機期間的樹籬，但沒有堅持下去，將更廣泛的加密貨幣市場拖延了下來。

The U.S. President Donald Trump's sweeping reciprocal tariffs have triggered fresh panic across global financial markets. Stocks, currencies, and even crypto are trading in the red. Bitcoin, often seen as a hedge during crises, has failed to hold up, dragging the broader crypto market down with it.

美國總統唐納德·特朗普（Donald Trump）的全面關稅引發了全球金融市場的新恐慌。股票，貨幣甚至加密貨幣都以紅色交易。比特幣通常被視為危機期間的樹籬，但沒有堅持下去，將更廣泛的加密貨幣市場拖延了下來。

The Pi price, already in a prolonged downtrend since its all-time high, has taken a sharper hit. Once viewed as a potential investment among altcoins, Pi Network is now struggling to find support amid a market-wide sell-off.

自從歷史最高時，PI價格已經延長了下降趨勢。一旦被視為Altcoins的潛在投資，PI Network現在就在努力尋求市場拋售中的支持。

Although some have long seen the crypto market as insusceptible to macro shocks, it is obviously under pressure. While Trump’s tariff statement rocked conventional financial systems, it is remarkable how badly Bitcoin and altcoins have been affected.

儘管長期以來，有些人認為加密貨幣市場對宏觀衝擊感到不舒服，但顯然處於壓力下。儘管特朗普的關稅聲明震撼了常規金融系統，但比特幣和山寨幣受到了極大的影響。

Geologically speaking, events like COVID-19 and the Russia-Ukraine conflict tested Bitcoin’s resilience. This time around is different now.

從地質上講，諸如Covid-19和俄羅斯 - 烏克蘭衝突之類的事件測試了比特幣的韌性。這次現在有所不同。

Bitcoin’s drop has weakened sentiment across the board, and high-beta tokens like Pi price are taking the worst of it. After peaking near $3, the Pi price has failed to regain momentum and continues its slide, entering a deeper bearish phase. Technical indicators suggest no clear bottom yet, and volume has been declining, showing a lack of buying interest.

比特幣的下降使人們全面削弱了情緒，而像Pi Price這樣的高貝塔代幣則使其最糟糕。在達到3美元的頂峰之後，PI價格未能恢復動力並繼續滑梯，進入更深的看跌階段。技術指標表明尚未清晰的底部，而且數量正在下降，表明缺乏購買興趣。

The fact that even Bitcoin is reacting sharply to macroeconomic news shows just how interconnected crypto has become with the broader financial system. The current downturn magnifies existing vulnerabilities for Pi token, which lacks the liquidity and adoption strength of major assets. Let’s take a look at the Pi price prediction to see what the chart says about Pi.

即使比特幣對宏觀經濟新聞的反應急劇，這一事實表明，與更廣泛的金融體系相互聯繫的加密方式如何。目前的低迷擴大了PI代幣的現有漏洞，這缺乏主要資產的流動性和採用強度。讓我們看一下PI價格預測，以了解圖表對PI的評價。

Pi Coin Price Prediction: Deeper Bearish Phase Begins as Chart Shows No Clear Bottom Yet

PI硬幣價格預測：更深的看跌階段開始，圖表還沒有明確的底部

Pi Coin’s recent price action has been marked by failed breakouts and increasingly bearish technical signals. A converging triangle pattern formed ahead of March 5 but broke to the downside at 01:00 UTC that day. The move failed to hold, with the Pi price reversing course and hitting a low at $0.4000 around 04:00 UTC on April 5. From there, the price surged, reaching an intraday high of $0.7990 by 11:00 UTC, backed by a bullish MACD crossover, often referred to as a golden cross, and a Relative Strength Index (RSI) reading above 70, signalling overbought conditions.

Pi Coin最近的價格動作以突破性失敗和越來越多的看跌技術信號為標誌。 3月5日之前形成了一個融合的三角形圖案，但當天在01:00 UTC摔倒了。 The move failed to hold, with the Pi price reversing course and hitting a low at $0.4000 around 04:00 UTC on April 5. From there, the price surged, reaching an intraday high of $0.7990 by 11:00 UTC, backed by a bullish MACD crossover, often referred to as a golden cross, and a Relative Strength Index (RSI) reading above 70, signalling overbought conditions.

Image: Pi price chart by vallijat007

圖片：Vallijat007的PI價格圖表

The rally quickly lost steam, and Pi retraced to $0.5400. A narrow range followed before breaking down again on March 6 at 08:00 UTC, this time confirmed by a bearish MACD death cross. The pattern repeated with another tight consolidation, which failed on March 7 at 02:00 UTC.

拉力賽很快失去了蒸汽，PI回落至$ 0.5400。狹窄的射程隨後在3月6日在08:00 UTC再次分解，這次是看跌的MACD死亡十字架。該模式隨著另一個緊密的整合重複，該合併於3月7日在02:00 UTC失敗。

Pi’s price structure now suggests fading bullish momentum and increasing vulnerability to further downside unless support holds. Traders should be cautious because Pi may fall further. If the bear pressure did not go away, Pi may soon mark another low.

PI的價格結構現在表明，除非支持下，否則看漲的動力並增加了進一步的弊端。交易者應該謹慎，因為PI可能會進一步下降。如果熊壓力沒有消失，PI可能很快標誌著另一個低點。

Momentum Breaks, Uncertainty Builds

動量破裂，不確定性建立

The Pi price is showing clear signs of exhaustion, with failed breakouts and weakening momentum painting a grim short-term picture. The broader macro environment, shaken by tariff shocks and risk-off sentiment, has stripped away the usual resilience seen in crypto, pulling even Bitcoin into a downtrend.

PI價格顯示出明顯的疲憊跡象，突破失敗和動力弱化的短期畫面繪畫。受到關稅衝擊和冒險情緒的震動，更廣泛的宏觀環境剝奪了在加密貨幣中看到的通常的彈性，甚至將比特幣帶入了下降趨勢。

For Pi network, which lacks strong institutional backing or deep liquidity, this makes recovery even harder. Until macro conditions stabilize and technicals reset, Pi Coin remains at risk of further losses.

對於缺乏強大的機構支持或深厚流動性的PI網絡，這使得康復變得更加困難。在宏觀條件穩定並重置技術之前，PI硬幣仍處於進一步損失的風險。

Unless it can reclaim key levels and hold them, any bounce may prove short-lived in a market increasingly driven by external forces and fading risk appetite.

除非它可以恢復關鍵水平並保持其持有，否則任何反彈都可能在越來越多的外部力量和淡化風險食慾驅動的市場中被證明是短暫的。