標題：PI Network（PI）仍然處於深熊市，並且在備受期待的PI日之前面臨著重大風險

PI網絡仍處於深熊市的狀態，並且在備受期待的PI日之前面臨著重大風險。

Pi Network, the blockchain project powered by the mining efforts of 10 million users, remains in a deep bear market and is facing several risks ahead of the much-anticipated Pi Day.

PI Network是由1000萬用戶的採礦努力提供支持的區塊鏈項目，仍處於深熊市，並且在備受期待的PI日之前面臨著幾種風險。

Pi Coin (PI) dropped by over 45% from its highest level in February, bringing its market cap to over $11.7 billion and its fully diluted valuation to $164.35 billion. The token will be in the spotlight on Friday as the world celebrates Pi Day, which honors the mathematical constant π (pi).

Pi Coin（PI）從2月的最高水平下降了45％以上，其市值超過117億美元，其估值完全稀釋至1643.5億美元。隨著世界慶祝PI日，該令牌將在周五成為焦點，這是尊敬數學常數π（PI）的焦點。

Pi Day is celebrated on March 14 each year, aligning with the value of pi (3.14). This event could spark increased interest in the token. However, Pi Network faces several potential risks that could impact its price in the coming days.

PI日每年3月14日慶祝，與PI的價值（3.14）保持一致。這項事件可能會引起對令牌的興趣。但是，PI網絡面臨幾種潛在的風險，可能會影響未來幾天的價格。

Popular tier-1 exchanges are yet to list it even after it became one of the biggest coins in the crypto industry. Binance, which had a popular poll on Pi Network listing has not confirmed when this will happen.

即使成為加密行業中最大的硬幣之一，流行的Tier-1交換也尚未列出。 Binance在PI網絡上市上進行了流行的民意調查，尚未確認何時發生這種情況。

Other major platforms like Gemini, Kraken, Upbit, and Coinbase have also not listed Pi Coin. A listing on Coinbase and Kraken would open the token to the U.S. market, while Upbit would increase its exposure in South Korea.

Gemini，Kraken，Upbit和Coinbase等其他主要平台也沒有列出PI硬幣。關於Coinbase和Kraken的上市將打開美國市場的代幣，而UPBIT將增加其在韓國的曝光率。

Pi Network faces substantial dilution risks in the future since its circulating supply is 7.1 billion against a total supply of 100 billion. Over 188 million new tokens will be released this month, while over 1 billion will be released later this year. Token unlocks are bearish because they introduce new tokens, which lead to dilution.

PI網絡將來面臨著很大的稀釋風險，因為其循環供應量為71億，總供應量為1000億。本月將發布超過1.88億個新令牌，而今年晚些時候將發布超過10億。令牌解鎖是看跌，因為它們引入了新的代幣，這導致稀釋。

Pi Network price has formed two risky patterns

PI網絡價格已經形成了兩種風險模式

There are signs that the Pi coin price has formed two risky patterns that may lead to more downside in the coming weeks. It has formed a head and shoulders pattern, which often leads to more downside. This pattern is made up of a head, two shoulders, and a neckline.

有跡象表明，PI硬幣價格已經形成了兩種風險模式，在接下來的幾週內可能會導致更多缺點。它形成了頭部和肩膀的模式，通常會導致更多的缺點。這種圖案由頭部，兩個肩膀和領口組成。

Most recently, the token has formed a rising wedge pattern, a popular bearish sign. This pattern is made up of two ascending and converging trendlines, and a breakdown happens when they near their confluence level.

最近，令牌形成了一個上升的楔形圖案，這是一個流行的看跌標誌。這種模式由兩個上升和收斂的趨勢線組成，當它們接近匯合水平時發生故障。

Therefore, there is a risk that the token will drop, potentially moving below the psychological point at $1.

因此，令牌可能會下降的風險，有可能以1美元的價格移至心理點以下。