PI硬币经历了相当大的波动性，尽管市场增长范围更大，但仍在努力稳定

在2月的峰值接近2.99美元之后，代币的下降幅度超过70％，现在价值接近0.83美元。

The Pi Coins (PI) experienced significant volatility in recent times, struggling to stabilize despite broader cryptocurrency market gains. Following its February peak near $2.99, the token underwent a steep fall exceeding seventy percent, now valued at approximately $0.83. This substantial price decrease has raised concerns among holders regarding its potential for recovery in the upcoming months.

PI硬币（PI）最近经历了明显的波动性，尽管加密货币市场的增长较大，但仍在努力稳定。在2月的峰值接近2.99美元之后，该令牌的急剧下降超过70％，现在价值约为0.83美元。这种大幅降低的价格引起了持有者对接下来几个月中恢复潜力的担忧。

As the dust settles on an eventful February, the cryptocurrency market is slowly waking up from its slumber. While Bitcoin (BTC) and Ethereum (ETH) continue to march towards new highs, other tokens are struggling to keep up. Among them is Pi Coin (PI), which has seen its price collapse drastically.

随着尘埃落定的2月，加密货币市场正在慢慢从沉睡中醒来。尽管比特币（BTC）和以太坊（ETH）继续向新的高点前进，但其他令牌仍在努力跟上。其中包括Pi Coin（PI），其价格崩溃了。

After reaching a peak of $2.99 in February, the Pi token experienced a steep decline of over 70 percent, falling below the $0.83 mark. This sharp decrease in price has sparked worries among holders, who are questioning whether the token can recover in the months to come.

在2月达到2.99美元的高峰之后，PI代币的急剧下降了70％以上，低于0.83美元。价格的急剧下降激发了持有人的担忧，他们正在质疑令牌是否可以在未来几个月内恢复。

After hitting a high of $2.99 in February, Pi's price has fallen below the $0.83 mark. This follows a 70 percent decline from the peak. As of Monday morning, it is trading at $0.80, according to data from OKX.

在2月达到2.99美元的高价后，PI的价格低于0.83美元。这是从峰值下降70％。根据OKX的数据，截至周一上午，它的交易价格为0.80美元。

At the same time, Pi's market capitalization has also seen a drastic reduction. While it was previously estimated at around $20 billion, it has since dropped to $5.35 billion. This sharp decrease in capitalization indicates a decline in trader enthusiasm.

同时，PI的市值也大大减少了。虽然此前估计约为200亿美元，但此后已降至53.5亿美元。资本化的这种急剧下降表明，交易者的热情下降。

Moreover, Pi's absence from major trading platforms remains a key obstacle preventing broader user acceptance. While it is available on smaller exchanges like OKX, Gate.io, and Bitget, its unavailability on platforms like Binance and Coinbase limits its reach.

此外，PI缺席主要交易平台仍然是阻止更广泛的用户接受的关键障碍。虽然它可以在诸如OKX，GATE.IO和BITGET之类的较小交换中使用，但它在Binance和Coinbase等平台上的不可用限制了其覆盖范围。

However, some analysts have observed technical formations that suggest a possible turnaround for Pi. If the market conditions become favorable, we might see the token recovering some of its lost value.

但是，一些分析师观察到了技术形成，这表明PI可能会转变。如果市场条件变得有利，我们可能会看到代币恢复了其一些损失的价值。

Why Did Pi Coin Price Collapse?

PI硬币的价格为什么崩溃？

One primary factor contributing to the drop in Pi's value is its unavailability on major digital currency exchanges. While crypto traders can access and trade Bitcoin, Ethereum, and other popular tokens on platforms like Binance and Coinbase, Pi is not listed on these platforms.

导致PI价值下降的一个主要因素是其在主要数字货币交易所上的不可用。尽管加密交易者可以在Binance和Coinbase等平台上访问和交易比特币，以太坊以及其他流行的令牌，但在这些平台上未列出PI。

Instead, Pi is available on smaller exchanges like OKX, Gate.io, and Bitget. This limited availability has significantly affected the overall demand for the token. A future listing on major exchanges might help renew interest in Pi and consequently boost its price.

取而代之的是，PI可在诸如OKX，GATE.IO和BITGET等较小的交换中使用。这种有限的可用性极大地影响了令牌的总体需求。对主要交易所的未来上市可能有助于更新PI的兴趣，从而提高其价格。

Another factor that is expected to exert significant pressure on the token's price is the upcoming token unlocks. According to the latest Pi news, over the next twelve months, these events will introduce more than 1.6 billion tokens into the available supply.

预计代币价格会施加重大压力的另一个因素是即将到来的令牌解锁。根据最新的PI新闻，在接下来的十二个月中，这些事件将在可用的供应中引入超过16亿个令牌。

This anticipated supply expansion has triggered panic selling among some investors, which has further lowered the token's value. Without clear indications of growing demand, this greater token availability could sustain negative pressure on Pi Network's market valuation.

预期的供应扩张引发了一些投资者的恐慌销售，这进一步降低了代币的价值。没有明确的需求迹象，这种更大的代币可用性可能会对PI Network的市场估值承受负压。

Technical Indicators Suggest A Possible Rebound

技术指标表明可能反弹

Despite the significant price drop, technical analysis indicates that the Pi Coin price might be poised for recovery. As we observed in the previous analysis, Pi recently broke out from a falling wedge pattern, a formation that technical analysts keep an eye on.

尽管价格下降了大幅下降，但技术分析表明PI硬币价格可能已准备好恢复。正如我们在先前的分析中观察到的那样，PI最近从掉落的楔形模式中爆发出来，这是技术分析师一直关注的形成。

This pattern, visible on the chart above, is often a signal of potential upward price movements in the near future. If Pi manages to hold its current support area, the next major resistance level is around $1.22, potentially advancing toward $1.50 if sufficient positive momentum builds.

上图上可见的这种模式通常是在不久的将来潜在的上价移动的信号。如果PI设法持有当前的支持区，那么下一个主要阻力水平约为1.22美元，如果有足够的积极动量建立，则可能会晋升为1.50美元。

Other metrics, such as the Relative Strength Index (RSI), suggest that the Pi Network is currently oversold. This market state is usually an indication of a buying opportunity, prompting traders to search for undervalued assets for accumulation.

其他指标，例如相对强度指数（RSI），表明PI网络目前已超售。这种市场状态通常表明购买机会，促使交易者寻找被低估的资产以积累。

Moreover, on-chain data reveals that some large-scale investors have been accumulating Pi recently, apparently anticipating a future increase in the asset's value.

此外，链链数据表明，一些大型投资者最近正在积累PI，显然预计该资产价值将来会增加。

This activity, despite the recent price decline, might signal optimism among institutional investors regarding Pi's long-term potential.

尽管最近的价格下跌，但这项活动可能会在机构投资者中对PI的长期潜力表示乐观。

Can Pi Coin Surge To $4 By May?

PI硬币可以到5月份飙升至4美元吗？

Expert opinions are divided regarding the immediate future performance of the PI token. Some forecasts suggest that the Pi Network might experience a substantial surge, potentially multiplying in value by 400 percent in the short term.

专家意见在PI代币的直接表现方面存在分歧。一些预测表明，PI网络可能会经历大量激增，在短期内可能会乘以400％。

This optimistic scenario could propel the token towards a new peak around $4.11, possibly by early May. Such high price predictions are derived from analyzing past price behavior alongside the potential growth within the Pi ecosystem.

这种乐观的场景可能会在五月初，将令牌推向4.11美元左右的新峰值。如此高的价格预测来自分析过去的价格行为以及PI生态系统内的潜在增长。

However, reaching this price goal depends on aligning multiple crucial elements. A key factor would be gaining a presence on major exchanges like Binance or Coinbase. This step is essential for improving trader sentiment and increasing available liquidity.

但是，达到这个价格目标取决于对齐多个关键要素。一个关键因素是在Binance或Coinbase等主要交易所中获得存在。此步骤对于改善交易者情绪和增加可用流动性至关重要。

Furthermore, the continuation of positive movement from Bitcoin and other leading digital currencies could lift the general altcoin sector. This rising tide might include the PI token, thus attracting more investor attention and fresh capital inflows.

此外，比特币和其他领先的数字货币的积极移动的延续可能会提升一般的山寨币部门。这种上升的潮流可能包括PI令牌，从而吸引了更多的投资者关注和新的资本流入。

As the dust settles on

尘埃落定