PI网络（PI）的交易价格为0.6305美元

PI网络（PI）的交易价格为0.6305美元，在过去24小时内下跌2.21％。上周它损失了其价值的15.01％，表明总体市场压力

The price of Pi (PI) has decreased by 2.21% in the last 24 hours, reaching $0.6305. This follows a weekly loss of 15.01%, indicating overall market pressure on the asset.

在过去的24小时内，PI（PI）的价格下降了2.21％，达到0.6305美元。这是每周损失15.01％的损失，表明资产的总体市场压力。

As for trading volume, it decreased by 39.63% in the last 24 hours to reach $92.82 million, indicating declining short-term interest.

至于交易量，在过去24小时内下降了39.63％，达到9282万美元，表明短期利息下降。

Looking at the technical indicators, the Relative Strength Index (RSI) on the 14-day chart is now at 61.28, which is above the neutral level of 50 and suggests that the bullish pressure on the asset is increasing.

从技术指标中看，14天图表上的相对强度指数（RSI）现在为61.28，高于中性水平50，这表明对资产的看涨压力正在增加。

The asset is also currently at a critical resistance level of $0.6477, which could limit any further gains in the near term.

该资产目前还处于0.6477美元的关键阻力水平，这可能会在短期内限制任何进一步的收益。

The Moving Average Convergence Divergence (MACD) is showing early signs of an impending reversal, while the Average Directional Index (ADX) is at 77.6, which is a very high reading and indicates that the underlying trend is very strong.

移动平均收敛差异（MACD）显示出即将逆转的早期迹象，而平均方向指数（ADX）为77.6，这是非常高的读数，表明基本趋势非常强。

The Bollinger Bands are also relatively wide, with the upper band currently at around $0.7720 and the lower band at around $0.4980. This suggests that the asset is capable of moving very quickly in either direction and could be set for a surge in volatility very soon.

Bollinger乐队也相对较宽，上层乐队目前约为0.7720美元，下部乐队的价格约为0.4980美元。这表明资产能够沿任一方向迅速移动，并且可以很快设置为波动。

The recent price action can be attributed to a few key factors. Firstly, the majority of traders look to break above the resistance at $0.6477 to open the way to the apex of the Bollinger Bands at $0.7720, where conservative entries are preferable at retracements towards the pivot at $0.6335.

最近的价格行动可以归因于一些关键因素。首先，大多数交易者希望以0.6477美元的价格突破阻力，以打开前往Bollinger Bands的顶点的道路，价格为0.7720美元，在此期间，保守的参赛作品可在枢轴的回溯到0.6335美元的回传。

However, sellers are advised to hold positions above the lower support level of $0.6202, which is the first support level (S1). Holding positions below this level could lead to further losses.

但是，建议卖方在较低的支撑水平0.6202的较低支持水平上保持职位，这是第一个支持水平（S1）。保持低于此水平的职位可能会导致进一步的损失。

The technical analysis shows that the market structure is still weak, supported by the decreasing volume but conditioned by good liquidity levels of 3.45%.

技术分析表明，市场结构仍然很薄弱，并由数量减少，但以良好的流动性水平为3.45％。

More importantly, a massive amount of 41 million Pi tokens, worth around $27 million, left cryptocurrency exchanges such as OKX in the last 48 hours. This action sharply decreases circulating exchange supply and is typically indicative of long-term accumulation or so-called HODLing activity.

更重要的是，价值约2700万美元的4100万个PI代币数量在过去48小时内留下了加密货币交易所，例如OKX。该动作大大降低了循环的交换供应，通常表示长期积累或所谓的霍德林活动。

Crypto analysts usually view such outflows as bullish, meaning that holders are demonstrating greater confidence in the future value potential of PI. Having less supply that can be open to trade, any demand surge down the road could put upward pressure on the price, which could break existing areas of resistance.

加密分析师通常将流出视为看涨，这意味着持有人对PI的未来价值潜力表现出更大的信心。在道路上的任何需求激增可能会给贸易带来较少的供应，可能会给价格上升压力，这可能会破坏现有的抵抗区域。

The Pi Network is a project that aims to create a decentralized ecosystem with its own cryptocurrency. The project launched its Mainnet in March 2023, and since then, it has been gradually migrating its users to the new network.

PI网络是一个旨在用自己的加密货币创建分散的生态系统的项目。该项目于2023年3月启动了其主网，从那时起，它一直逐渐将用户迁移到新网络。

The migration is not an ordinary token airdrop but a process involving multiple layers that is the result of years of mining activity, KYC verifications, and ecosystem contributions. Present focus is on completing the initial phase of the migrations, such as verified rewards in various categories.

迁移不是一个普通的令牌气流，而是涉及多层层的过程，这是开采活动，KYC验证和生态系统贡献多年的结果。目前的重点是完成迁移的初始阶段，例如各个类别的验证奖励。

The first batch of migrations is now complete, and the focus will then move to the second-phase migrations, which will include referral bonuses and further incentive models. Periodic migration cycles, to maintain ongoing user integration and balances, are also part of the roadmap.

现在已经完成了第一批迁移，然后焦点将转移到第二阶段迁移，其中将包括推荐奖金和进一步的激励模型。定期迁移周期以维持持续的用户集成和余额，也是路线图的一部分。

The project's token, PI, has a circulating supply of 99.99 billion and a total supply of 100 billion. The tokenomics are based on the initial 99.99 billion token supply, where community mining rewards constitute 65%. The remaining balance structure supports the rate of migration, allocating proportional, transparent amounts to the network, foundation, liquidity, and Core Team.

该项目的令牌PI的循环供应量为99.9亿，总供应量为1000亿。令牌学是基于最初的99.9亿代货币供应，社区采矿奖励占65％。其余的平衡结构支持移民率，分配比例，透明的量相当于网络，基础，流动性和核心团队。

The project continues to approach Open Network status, and the process of migration along with the token scarcity are set to fundamentally impact PI’s market direction.

该项目继续接近开放网络状态，迁移过程以及令牌稀缺的过程将从根本上影响PI的市场方向。