PI网络面临重大挑战，因为其本地加密货币继续面对向下压力

PI网络正在面临重大挑战，因为其本地加密货币继续面对向下压力。

Pi Network is currently facing significant challenges as its native cryptocurrency, PI, continues to be battered. The project, known for its mobile-mining initiative and broad community involvement, sees its token price slide further and trading volume take a hit.

PI网络目前正面临重大挑战，因为其本地加密货币PI继续受到打击。该项目以其移动开采计划和广泛的社区参与而闻名，它看到其代币价格进一步幻灯片，交易量受到打击。

Amid this price action, community frustration is brewing over the Core Team's communication style and administrative practices, which could be a critical factor in the project's ability to overcome the difficulties it's encountering.

在这一价格行动中，社区挫败感正在酝酿中，对核心团队的沟通风格和行政实践进行了酝酿，这可能是该项目克服遇到困难的能力的关键因素。

PI price sheds another 4%

Pi Price再降低4％

PI price dropped by another 4% in recent trading, taking it below the $0.70 threshold. This continues a downward trend for the token, which has now lost 20% of its value over the past seven days.

PI价格在最近的交易中又下跌了4％，低于0.70美元的门槛。对于代币，这持续了下降的趋势，该代币现已在过去七天中损失了其价值的20％。

Trading volume also took a substantial hit, plummeting 52% to $148 million. This signals a rapid decline in interest from market participants in the token.

交易量也受到了巨大打击，下降了52％，至1.48亿美元。这表明令牌参与者的兴趣迅速下降。

The price movement formed a classic falling wedge pattern, with PI currently testing the lower boundary of this pattern at around $0.687. For any potential reversal, the price would need to break above the $0.71-$0.72 range with strong volume.

价格变动形成了经典的下降楔形图案，当前PI测试了该模式的下边界，约为0.687美元。对于任何潜在的逆转，价格都需要超过$ 0.71- $ 0.72的范围，而且数量强。

Community dissatisfaction grows over administrative practices

社区的不满在行政实践上增长

A significant factor behind PI's struggles appears to be the growing frustration among community members with the Core Team's communication and administrative practices.

Pi挣扎的一个重要因素似乎是通过核心团队的沟通和行政实践的社区成员越来越沮丧。

Despite the team recently announcing the success of the inaugural PiFest on the Open Network, which reportedly saw the participation of over 125,000 registered sellers and 1.8 million Pioneers, members of the Pi community expressed skepticism toward these figures.

尽管该团队最近在开放网络上宣布了首届Pifest的成功，据报道，该团队参与了125,000多名注册卖家和180万个先驱，但PI社区的成员对这些数字表示了怀疑。

One community member, known as Dr. Altcoin, pointed out that since the PiFest began, Pi trading activity within the ecosystem has reached its lowest levels. Most transactions involved people selling Pi for cash.

一位被称为Altcoin博士的社区成员指出，自从Pifest开始以来，生态系统内的PI交易活动已达到其最低水平。大多数交易涉及出售PI现金的人。

They added that the administrative practices of the Pi Core Team remain the same as they were during the closed mainnet phase. The monthly updates are becoming predictable and insufficient for maintaining an engaged community in the long term.

他们补充说，PI核心团队的行政实践与封闭的Mainnet阶段相同。从长远来看，每月更新已成为可预测的，并且不足以维持敬业的社区。

Many users are now calling for more transparent communication from the development team and potentially new leadership with deeper cryptocurrency expertise.

现在，许多用户呼吁开发团队进行更透明的沟通，并具有更深入的加密货币专业知识的新领导力。

This disconnect between the administrative arm of the project and community members could be a major obstacle to the project's recovery.

该项目的行政部门与社区成员之间的这种脱节可能是该项目恢复的主要障碍。

Is interest in Pi Network waning?

对PI网络的兴趣减弱吗？

To add to the network's troubles, it has reduced its base mining rate again this month, decreasing it by 1.18% to 0.0029030 π per hour. This continues a trend of gradual reductions in mining rewards.

为了加上网络的麻烦，它在本月的基本矿井率再次降低，将其降低了1.18％至0.0029030π。这延续了逐渐减少采矿奖励的趋势。

Some community members have suggested that this reduced interest in mining may be related to Pi's currently low trading value on exchanges, creating a kind of feedback loop between mining participation and market value.

一些社区成员建议，对采矿的兴趣减少可能与PI当前在交易所的交易价值低有关，从而在采矿参与和市场价值之间创造了一种反馈回路。

Despite rumors of potential listings on major cryptocurrency exchanges like Binance and Coinbase, no such developments have yet materialized. While BTCC exchange reportedly added Pi for spot trading, this news failed to generate any positive momentum for the token's price.

尽管有传言称关于二心和共同基础等主要加密货币交换的潜在列表，但尚未实现此类发展。据报道，BTCC Exchange添加了PI进行现货交易，但该消息未能为代币的价格带来任何积极的势头。

Technical analysis outlook: Further weakness expected

技术分析前景：预期的进一步弱点

From a technical analysis standpoint, the outlook for PI appears increasingly bleak. The token is just 14.9% away from its all-time low of $0.6152, which was reached on February 20.

从技术分析的角度来看，PI的前景似乎越来越黯淡。该令牌与2月20日达到的0.6152美元的历史最低点仅14.9％。

Recent price action shows PI briefly finding support at $0.6800, but momentum indicators suggest this was only a temporary respite, and the token would need to climb by 6.3% to have another chance at reversing its downtrend.

最近的价格行动显示，PI短暂地发现支持为0.6800美元，但动量指标表明这只是暂时的喘息，代币需要攀升6.3％，以便再次有机会扭转其下降趋势。

A Fibonacci retracement study reveals that the bears may have set a liquidity trap, as the token surged above the 61.8% Fibonacci level before collapsing shortly after. This pattern typically indicates the continuation of a downtrend rather than its reversal.

一项斐波那契回曲研究表明，熊可能已经设定了流动性陷阱，因为在不久之后倒塌之前，令牌飙升至61.8％的斐波那契水平。这种模式通常表明下降趋势而不是其逆转。

Should the current support level at $0.6800 fail to hold, there appears to be little standing in the way of PI reaching new all-time lows.

如果目前的支持水平为$ 0.6800，那么PI似乎几乎没有限制新历史最低点。

KYC changes and broader crypto community backlash

KYC改变和更广泛的加密社区反弹

Recent changes to the network's Know Your Customer (KYC) protocols have also alienated parts of the community. The project has recently announced that it will be adding email-based two-factor authentication to the overall account management and verification.

网络的最新更改知道您的客户（KYC）协议也疏远了社区的部分。该项目最近宣布，它将在整体帐户管理和验证中添加基于电子邮件的两因素身份验证。

This move is being made to address challenges with current SMS (text message) account verification, improve account security, and prepare for future integration with the Stellar blockchain. However, this announcement has sparked controversy.

正在采取此举是为了解决当前的SMS（文本消息）帐户验证，提高帐户安全性并为将来与Stellar区块链集成的准备。但是，这一公告引发了争议。

Many crypto enthusiasts value anonymity and privacy, and they see KYC requirements and email-based 2FA as intrusions into their online autonomy. In an industry that is often critical of centralized institutions and overreaching surveillance, these additions to the Pi Network are being met with skepticism and, in some cases, hostility.

许多加密爱好者重视匿名和隐私，他们认为KYC要求和基于电子邮件的2FA是侵入其在线自主权的。在通常批评集中式机构和过度监视的行业中，对PI网络的这些增加受到怀疑，在某些情况下是敌对的。

This backlash comes on top of earlier criticisms regarding Pi's decision to require users to undergo KYC procedures in order to migrate their tokens from the closed mainnet to the open mainnet. Such administrative choices are often at the center of community debate

这种反弹是对PI决定要求用户进行KYC程序以将其令牌从封闭的Mainnet迁移到Open Mainnet的较早批评。这种行政选择通常是社区辩论的中心