PI网络（PI）代币价格下跌26.31％，将价格行动推高以下

PI网络令牌经历了动荡的阶段，急剧下降了26.31％的下降，其价格行动远低于关键支持水平。

In a turbulent 24-hour period, the Pi Network (Pi) token has experienced significant volatility, marking a dramatic 26.31% decline. This steep drop pushed Pi’s price action well below critical support levels and into extreme oversold conditions, evidenced by the Relative Strength Index (RSI) plummeting to 23.35. The RSI measures the magnitude of recent price movements to evaluate overbought or oversold conditions, typically used in technical analysis. A reading of 0 indicates extreme oversold conditions, while a reading of 100 indicates extreme overbought conditions.

在动荡的24小时时期，PI网络（PI）令牌的波动性显着，标志着下降的26.31％。这种陡峭的下降将PI的价格动作远低于关键支持水平，并进入了极端的超售条件，这证明了相对强度指数（RSI）的下降至23.35。 RSI衡量了最近的价格变动的幅度，以评估通常用于技术分析的过分买卖条件。读数为0表示极端的过多条件，而100读的读数表示极端的条件。

However, after this swift decline, Pi took a breather and staged a modest recovery of 8.03% in the past 24 hours. As of 08:08 (GMT+8), Pi is priced at $0.965763, showing a small increase of 0.5%. The token boasts a 24-hour trading volume of $1.18 billion, and it has a market capitalization of $6.56 billion, ranking it among the top 30 cryptocurrencies.

然而，在这种迅速下降之后，PI喘口气，在过去24小时内上涨了8.03％。截至08:08（GMT+8），PI的价格为$ 0.965763，显示为0.5％。代币的交易量为11.8亿美元，市值为65.6亿美元，将其排名为前30名加密货币。

The token’s price band over the past 24 hours ranges from a low of $0.893640 to a high of $1.07. In the seven-day period, Pi’s price has oscillated between a minimum of $0.864266 and a maximum of $1.36.

在过去的24小时中，令牌的价格频段从低于0.893640的低点到高价1.07美元。在七天的时间里，PI的价格在最低0.864266 $ 1.36之间振荡。

As Pi’s price continues to fluctuate, market participants are closely observing the token’s ongoing struggle between buyers and sellers.

随着PI的价格继续波动，市场参与者正在密切观察到代币在买卖双方之间正在进行的斗争。

Pi Network’s Volatile Trajectory: What’s Next?

PI Network的挥发性轨迹：下一步是什么？

Pi Network’s price action follows a repetitive pattern: a brief pump, followed by another sharp drop. For instance, after rallying to $1.3, market participants may observe this cycle and predict potential movements where Pi could rally further toward $1.2 or $1.3 before another retracement to $0.8 or $0.7.

PI Network的价格动作遵循重复的模式：简短的泵，然后再急剧下降。例如，在集市至1.3美元之后，市场参与者可能会观察到这一周期并预测潜在的运动，在此期间，PI可以进一步升至1.2美元或1.3美元，然后再回撤至0.8美元或0.7美元。

If the cycle persists, we might witness price bounces to $1 or $0.9, only to be met with deeper corrections to $0.6 or even $0.5. In extreme cases, we might even see Pi testing lower support zones around $0.3 or $0.2. A steeper decline could see Pi dipping to $0.009, $0.008, or even $0.007.

如果周期持续存在，我们可能会目睹价格弹起至$ 1或$ 0.9，只能得到更深层次的更正至$ 0.6甚至0.5美元。在极端情况下，我们甚至可能会看到PI测试较低的支撑区域约0.3美元或0.2美元。急剧下降可能会使PI下降到0.009美元，0.008美元，甚至0.007美元。

This scenario is primarily driven by increasing circulating supply as more Pi tokens unlock when users pass KYC and as lockup periods expire. This influx of tokens into the market results in heightened selling pressure, which is unlikely to be offset by sufficient buying demand, especially considering the token’s poor liquidity.

这种情况主要是由于用户通过KYC并随着锁定周期到期时的PI代币解锁而增加的循环供应驱动的。将令牌大量涌入市场会导致销售压力加重，这不太可能被足够的购买需求所抵消，尤其是考虑到令牌流动性不佳。

The Psychology Behind Pi’s Sell-Off

PI抛售背后的心理学

Many long-term Pioneers, miners who have been accumulating Pi for the past six years, are expected to take profits upon token unlocks, which may contribute to the continued decline in Pi’s price. Additionally, some users who are unfamiliar with Web3 fundamentals might panic sell as they witness a downward spiral in the token’s price, further accelerating the bearish momentum.

许多长期的开拓者，过去六年来一直积累了PI的矿工，预计将获得代币解锁的利润，这可能会导致PI价格的持续下降。此外，一些不熟悉Web3基础知识的用户可能会惊慌失措，因为他们看到了代币的价格下降，进一步加速了看跌的动力。

However, this phase of market turbulence could also present an opportunity. As Pi’s price bottoms out and finally stabilizes, strategic investors may view it as a discounted entry point.

但是，这个市场动荡的阶段也可能带来机会。随着PI的价格降低并最终稳定，战略投资者可能会将其视为折扣入口点。

Considering that Pi operates as a Layer 1 blockchain, its long-term potential remains tied to ecosystem development. Only after the price stabilizes, early sell-offs subside, and Pi’s decentralized applications (DApps) begin to gain traction will we truly witness the network maturing.

考虑到PI是第1层区块链，其长期潜力仍与生态系统的发展有关。只有在价格稳定下来，早期抛售的消退，PI的分散应用程序（DAPP）开始获得吸引力，我们才能真正见证网络成熟。

For now, Pi Network remains a highly volatile asset, largely driven by market speculation and token unlocks. Short-term traders may capitalize on these price swings, while long-term investors should closely monitor ecosystem developments before making significant moves. The real test for Pi will be its ability to transition from speculative hype to fundamental-driven growth through a robust DApp ecosystem and increasing adoption. Otherwise, Pi might fizzle out like many other hyped crypto projects.

目前，PI网络仍然是一个高度波动的资产，主要是由市场投机和令牌解锁驱动的。短期交易者可能会利用这些价格波动，而长期投资者应在进行重大行动之前密切监控生态系统的发展。 PI的真正测试将是它通过强大的DAPP生态系统和提高的采用能力从投机性炒作过渡到基本驱动的增长。否则，PI可能会像许多其他大肆宣传的加密项目一样消失。