自3月12日集会以来，PI网络[PI]一直处于严重的下降趋势

自3月12日的强烈集会在一天内获得了26.28％的增长，PI Network [pi]一直处于严重的下降趋势中。

Pi Network [PI] has been on a turbulent journey in recent times, displaying a strong rally on the 12th of March.

PI Network [Pi]近来一直在动荡不安的旅程，并在3月12日举行了强烈的集会。

The token gained 26.28% in a single day, but this was followed by a steep downtrend.

代币一天在一天内获得了26.28％，但随后是陡峭的下降趋势。

Over the past week, the 82.8 billion PI coin holdings by the project raised concerns about the network’s centralized nature and its long-term sustainability.

在过去的一周中，该项目的828亿枚PI硬币持有引起了人们对网络的集中性质及其长期可持续性的担忧。

Since that one-day surge, PI has shed 54%. Technical analysis highlighted support levels where bulls could force a price bounce. Investors looking to buy can wait for the trend to shift bullishly.

自从这一天激增以来，PI降低了54％。技术分析强调了支持水平的支持水平，公牛可能会迫使价格反弹。想要购买的投资者可以等待趋势的看法。

The PI market structure remains bearish across timeframes

PI市场结构在跨时间范围

Source: PI/USDT on TradingView

资料来源：PI/USDT在TradingView上

A glance at the 4-hour chart revealed a firm downtrend. The CMF remained below -0.05 for most of the past week, indicating capital outflows from the market. This correlated with selling pressure.

一眼四小时的图表显示出了坚定的下降趋势。在过去一周的大部分时间里，CMF仍低于-0.05，表明资本流出了市场。这与销售压力有关。

The 20 and 50-period moving averages also depicted the downtrend effectively.

20和50周期移动平均也有效地描绘了下降趋势。

In recent days, the 20SMA on the 4-hour chart acted as dynamic resistance. Hence, a retest of the two moving averages might result in downward pressure on PI prices in the coming days.

最近几天，4小时图表上的20SMA充当动态电阻。因此，对两个移动平均值的重新测试可能会导致未来几天对PI价格的下降压力。

Source: PI/USDT on TradingView

资料来源：PI/USDT在TradingView上

Utilizing the downward swing move from $1.22 to $0.86 a week ago, a set of Fibonacci retracement and extension levels were plotted.

绘制了一套斐波那契回回和延长水平的下降摇摆从一周前的$ 1.22转移到0.86美元。

These levels suggested that the Pi Network token was heading toward $0.775 and $0.638 in the upcoming days, serving as take-profit levels for short sellers.

这些水平表明，在接下来的日子里，PI网络令牌将朝着0.775美元和0.638美元的价格迈出，这是卖空者的分支机构水平。

The price rebound on the 21st of March turned out to be a rejection from the 78.6% retracement level at $1.14. Subsequently, PI experienced a 28.38% decline and slipped below the $0.86 support zone.

3月21日的价格反弹证明是从78.6％的回撤水平拒绝，为1.14美元。随后，PI下降了28.38％，低于0.86美元的支持区。

The $0.65 support zone was noteworthy as it coincided with the lows from the 21st of February, highlighting a key support level.

$ 0.65的支撑区值得注意，因为它与2月21日的低点相吻合，突出了关键支撑级。

Source: Coinalyze

资料来源：赤果

The Funding Rate remained persistently negative over the past week. Short-sellers were paying a premium for their positions relative to long positions, indicating bearish sentiment in the derivatives market.

在过去一周中，资金率仍然持续负面。卖空者的职位相对于长期职位，表明衍生品市场的看跌情绪。

Open Interest remained flat over the past four days. Market participants appeared to prefer staying on the sidelines as PI continued its steady downtrend.

在过去的四天中，开放兴趣保持平坦。随着PI继续稳定下降，市场参与者似乎更喜欢留在场上。

From the analysis, it appeared that a move to $0.775 and $0.638 was likely to transpire in the upcoming days as investors focused on fib levels.

从分析中，随着投资者的重点关注FIB水平，似乎转移到0.775美元和0.638美元。