儘管有動盪，但許多投資者仍然對PI網絡價格保持樂觀，並相信其長期潛力。

自2月20日在多個PI網絡交流上上市以來，PI硬幣價格一直非常波動。

Despite the turbulence in the crypto market, many investors remain optimistic about the Pi Network (PI) price, believing in its potential for substantial gains in the long run. However, bearish signals and skepticism from industry experts continue to cloud its trajectory.

儘管加密貨幣市場的動盪，但許多投資者對PI網絡（PI）價格仍然樂觀，從長遠來看，其潛力很大。但是，行業專家的看跌信號和懷疑論繼續掩蓋其軌跡。

Wild Price Swings Keep Investors on Edge

野生價格波動使投資者處於邊緣狀態

Since its listing on multiple Pi Network exchanges on February 20, the Pi Coin price has been highly volatile, with its value plunging from an initial $2 per token to $0.60. As of today, the Pi crypto price trades at $1.59, struggling to regain its earlier highs.

自2月20日在多個PI網絡交易所上市以來，PI硬幣價格一直非常波動，其價值從最初的$ 2 $ 2每代幣跌至0.60美元。截至今天，Pi Crypto價格的交易價格為1.59美元，努力恢復了早期的高點。

Pi Network (PI) price tested the $1.52 support on March 8. Source: TradingView

PI Network（PI）價格在3月8日測試了1.52美元的支持。來源：TradingView

Some investors are actively accumulating Pi Network Coin despite the rollercoaster ride. Chien Dong, a long-time Pi Network supporter, describes his investment strategy as placing multiple buy orders at different price levels, like “casting a fishing net.”

儘管有過山車，但一些投資者仍在積極積累PI網絡硬幣。長期的PI網絡支持者Chien Dong將其投資策略描述為將多個買入訂單以不同的價格水平，例如“鑄造漁網”。

If the price drops significantly, I wait for sellers to exit before buying at the bottom.

如果價格大幅下降，我會等待賣家退出，然後再在底部購買。

His strategy reflects the broader community sentiment, which has been heavily impacted by Pi’s initial listing price. Falling short of community expectations, with many early miners anticipating a valuation between $500 and $1,000 per token, led to widespread sell-offs.

他的策略反映了更廣泛的社區情緒，這受PI初始上市價格的影響很大。沒有社區期望，許多早期的礦工預計每個代幣的估值在500至1,000美元之間，導致了廣泛的拋售。

However, a portion of the community continues to accumulate, shifting their focus to the mainnet launch, which they believe will truly determine Pi cryptocurrency value.

但是，社區的一部分繼續積累，將重點轉移到了主網發布會上，他們認為這將真正確定PI加密貨幣價值。

Community Resilience and Expanding User Base

社區彈性和擴大用戶群

Launched in 2019 by Stanford researchers, Pi Network gained popularity due to its mobile-friendly Pi mining process. Over the years, it has amassed over 60 million users worldwide, with 12 million having completed Know Your Customer (KYC) verification.

PI Network於2019年由斯坦福大學的研究人員推出，由於其移動友好的PI挖掘過程，PI Network贏得了知名度。多年來，它在全球範圍內積累了超過6000萬用戶，其中有1200萬用戶知道您的客戶（KYC）驗證。

The KYC and Mainnet migration deadline is extended to 8:00 AM UTC on March 14, 2025, for final balance verification and migration. Source: Pi Network via X

KYC和主網遷移截止日期延長至2025年3月14日的UTC上午8:00，以進行最終的平衡驗證和遷移。資料來源：PI網絡通過X

In some regions, investors are making bold moves despite regulatory uncertainties. Van Thanh, administrator of a Pi community in Hanoi, notes that some members have invested significant sums.

在某些地區，儘管不確定性，投資者仍在大膽地採取行動。河內PI社區的管理員範·塔（Van Thanh）指出，一些成員投資了大筆款項。

Even with skepticism surrounding the project, people continue to buy because they believe in its future.

即使圍繞該項目懷疑，人們仍然繼續購買，因為他們相信其未來。

Meanwhile, local traders are capitalizing on the growing demand. Some have established dedicated Pi Coin trading groups, earning substantial profits through price arbitrage.

同時，當地貿易商正在利用不斷增長的需求。一些人建立了專門的PI硬幣交易集團，通過價格套利獲得了可觀的利潤。

I can make anywhere from $2,000 to $3,000 in a single trade.

我可以從2,000美元到3,000美元的一筆交易中賺錢。

Market Performance and Bearish Indicators

市場績效和看跌指標

The Pi Coin market has struggled to find direction in recent weeks. Technical indicators show a weakening bullish momentum, with a 20% drop in its On-Balance Volume (OBV) since March 6. Additionally, the Elder-Ray Index recorded a negative reading of -0.0070, signaling that selling pressure outweighs buying interest.

PI硬幣市場在最近幾週努力尋找方向。技術指標表明，看漲的動力較弱，自3月6日以來其平衡量下降了20％。此外，該老年射線指數的負數為-0.0070，這表明銷售壓力超過了購買利息。

Pi Coin price could retest $1 if it breaks the $1.52 support. Source: Abdulbasetbasher on TradingView

如果Pi硬幣價格破壞了1.52美元的支持，則可以重新估算1美元。資料來源：AbdulbasetBasher在TradingView上

Pi currently hovers around $1.59, with strong resistance at $2.12. A decisive break above this level could propel the Pi Network Coin price toward its previous high of $2.99. However, if the bearish trend continues, Pi risks sliding further, with critical support at $1.52.

PI目前徘徊在1.59美元左右，強烈阻力為2.12美元。高於此水平的決定性突破可以推動PI網絡硬幣的價格提高到先前的2.99美元。但是，如果看跌趨勢持續下去，PI的風險進一步滑行，關鍵支持為1.52美元。

Skepticism and Transparency Concerns

懷疑和透明度關注

While Pi Network has cultivated a dedicated following, industry experts remain cautious. A blockchain analyst pointed out key concerns, including the project’s lack of full decentralization and transparency.

儘管PI網絡培養了專門的追隨者，但行業專家仍然謹慎。一個區塊鏈分析師指出了關鍵問題，包括該項目缺乏權力下放和透明度。

Pi’s system still relies on multiple approval layers, contradicting the core principles of blockchain technology.

PI的系統仍然依賴於多個批准層，這與區塊鏈技術的核心原則相矛盾。

The analyst further highlighted issues with the project’s token economics and the lack of clear documentation.

分析師進一步強調了該項目的代幣經濟學以及缺乏明確的文檔的問題。

Transparency issues also persist, with questions about the distribution and control of Pi wallets. Unlike Bitcoin, which records every transaction publicly, Pi transactions lack the same level of visibility.

透明度問題也持續存在，並提出了有關PI錢包的分佈和控制的問題。與比特幣公開記錄每筆交易的比特幣不同，PI交易缺乏相同的可見度。

Large amounts of Pi are manually distributed, and we don’t know who controls the wallets.

大量PI是手動分發的，我們不知道是誰控制錢包。

Skepticism extends to mainstream crypto exchanges. Bybit CEO Ben Zhou recently labeled Pi Network a “scam” and refused to list the token. His claims echoed concerns raised by Chinese authorities, who previously issued warnings about scams involving Pi transactions.

懷疑主義擴展到主流加密交流。 Bybit首席執行官Ben Zhou最近將Pi Network標記為“騙局”，並拒絕列出令牌。他的主張呼應了中國當局提出的擔憂，後者此前曾發出有關涉及PI交易的騙局的警告。

Can Pi Overcome Its Obstacles?

Pi可以克服其障礙嗎？

Despite the challenges, Pi’s community remains hopeful. Speculation around a potential Pi Network Binance listing has fueled optimism, with many believing such a move could push Pi crypto value to new all-time highs. However, until concrete developments materialize, the token remains vulnerable to speculative trading and market sentiment.

儘管面臨挑戰，但PI的社區仍然充滿希望。圍繞潛在的PI網絡二手列表的猜測激發了樂觀，許多人認為這樣的舉動可以將Pi Crypto的價值推向新的歷史最高點。但是，在具體的發展實現之前，令牌仍然容易受到投機性交易和市場情緒的影響。

Pi Network Coin price must exceed the $1.80 resistance to revive the bullish momentum. Source: Matijakelekralj on TradingView

PI網絡硬幣價格必須超過1.80美元的抵抗力，以恢復看漲的動力。資料來源：TradingView的Matijakelekralj

Ultimately, Pi Network’s success hinges on its ability to prove its value beyond speculation. Industry experts suggest that partnerships with reputable tech firms or the development of real-world applications on the Pi blockchain could provide the necessary foundation for

最終，PI網絡的成功取決於其證明其價值超出推測的能力。行業專家建議，與信譽良好的科技公司的合作夥伴關係或在PI區塊鏈上開發現實世界應用程序可以為您提供必要的基礎