美国总统唐纳德·特朗普（Donald Trump）的全球互惠关税引发了全球金融市场的新恐慌。

比特币通常被视为危机期间的树篱，但没有坚持下去，将更广泛的加密货币市场拖延了下来。

The U.S. President Donald Trump's sweeping reciprocal tariffs have triggered fresh panic across global financial markets. Stocks, currencies, and even crypto are trading in the red. Bitcoin, often seen as a hedge during crises, has failed to hold up, dragging the broader crypto market down with it.

美国总统唐纳德·特朗普（Donald Trump）的全面关税引发了全球金融市场的新恐慌。股票，货币甚至加密货币都以红色交易。比特币通常被视为危机期间的树篱，但没有坚持下去，将更广泛的加密货币市场拖延了下来。

The Pi price, already in a prolonged downtrend since its all-time high, has taken a sharper hit. Once viewed as a potential investment among altcoins, Pi Network is now struggling to find support amid a market-wide sell-off.

自从历史最高时，PI价格已经延长了下降趋势。一旦被视为Altcoins的潜在投资，PI Network现在就在努力寻求市场抛售中的支持。

Although some have long seen the crypto market as insusceptible to macro shocks, it is obviously under pressure. While Trump’s tariff statement rocked conventional financial systems, it is remarkable how badly Bitcoin and altcoins have been affected.

尽管长期以来，有些人认为加密货币市场对宏观冲击感到不舒服，但显然处于压力下。尽管特朗普的关税声明震撼了常规金融系统，但比特币和山寨币受到了极大的影响。

Geologically speaking, events like COVID-19 and the Russia-Ukraine conflict tested Bitcoin’s resilience. This time around is different now.

从地质上讲，诸如Covid-19和俄罗斯 - 乌克兰冲突之类的事件测试了比特币的韧性。这次现在有所不同。

Bitcoin’s drop has weakened sentiment across the board, and high-beta tokens like Pi price are taking the worst of it. After peaking near $3, the Pi price has failed to regain momentum and continues its slide, entering a deeper bearish phase. Technical indicators suggest no clear bottom yet, and volume has been declining, showing a lack of buying interest.

比特币的下降使人们全面削弱了情绪，而像Pi Price这样的高贝塔代币则使其最糟糕。在达到3美元的顶峰之后，PI价格未能恢复动力并继续滑梯，进入更深的看跌阶段。技术指标表明尚未清晰的底部，而且数量正在下降，表明缺乏购买兴趣。

The fact that even Bitcoin is reacting sharply to macroeconomic news shows just how interconnected crypto has become with the broader financial system. The current downturn magnifies existing vulnerabilities for Pi token, which lacks the liquidity and adoption strength of major assets. Let’s take a look at the Pi price prediction to see what the chart says about Pi.

即使比特币对宏观经济新闻的反应急剧，这一事实表明，与更广泛的金融体系相互联系的加密方式如何。目前的低迷扩大了PI代币的现有漏洞，这缺乏主要资产的流动性和采用强度。让我们看一下PI价格预测，以了解图表对PI的评价。

Pi Coin Price Prediction: Deeper Bearish Phase Begins as Chart Shows No Clear Bottom Yet

PI硬币价格预测：更深的看跌阶段开始，图表还没有明确的底部

Pi Coin’s recent price action has been marked by failed breakouts and increasingly bearish technical signals. A converging triangle pattern formed ahead of March 5 but broke to the downside at 01:00 UTC that day. The move failed to hold, with the Pi price reversing course and hitting a low at $0.4000 around 04:00 UTC on April 5. From there, the price surged, reaching an intraday high of $0.7990 by 11:00 UTC, backed by a bullish MACD crossover, often referred to as a golden cross, and a Relative Strength Index (RSI) reading above 70, signalling overbought conditions.

Pi Coin最近的价格动作以突破性失败和越来越多的看跌技术信号为标志。 3月5日之前形成了一个融合的三角形图案，但当天在01:00 UTC摔倒了。 The move failed to hold, with the Pi price reversing course and hitting a low at $0.4000 around 04:00 UTC on April 5. From there, the price surged, reaching an intraday high of $0.7990 by 11:00 UTC, backed by a bullish MACD crossover, often referred to as a golden cross, and a Relative Strength Index (RSI) reading above 70, signalling overbought conditions.

Image: Pi price chart by vallijat007

图片：Vallijat007的PI价格图表

The rally quickly lost steam, and Pi retraced to $0.5400. A narrow range followed before breaking down again on March 6 at 08:00 UTC, this time confirmed by a bearish MACD death cross. The pattern repeated with another tight consolidation, which failed on March 7 at 02:00 UTC.

拉力赛很快失去了蒸汽，PI回落至$ 0.5400。狭窄的射程随后在3月6日在08:00 UTC再次分解，这次是看跌的MACD死亡十字架。该模式随着另一个紧密的整合重复，该合并于3月7日在02:00 UTC失败。

Pi’s price structure now suggests fading bullish momentum and increasing vulnerability to further downside unless support holds. Traders should be cautious because Pi may fall further. If the bear pressure did not go away, Pi may soon mark another low.

PI的价格结构现在表明，除非支持下，否则看涨的动力并增加了进一步的弊端。交易者应该谨慎，因为PI可能会进一步下降。如果熊压力没有消失，PI可能很快标志着另一个低点。

Momentum Breaks, Uncertainty Builds

动量破裂，不确定性建立

The Pi price is showing clear signs of exhaustion, with failed breakouts and weakening momentum painting a grim short-term picture. The broader macro environment, shaken by tariff shocks and risk-off sentiment, has stripped away the usual resilience seen in crypto, pulling even Bitcoin into a downtrend.

PI价格显示出明显的疲惫迹象，突破失败和动力弱化的短期画面绘画。受到关税冲击和冒险情绪的震动，更广泛的宏观环境剥夺了在加密货币中看到的通常的弹性，甚至将比特币带入了下降趋势。

For Pi network, which lacks strong institutional backing or deep liquidity, this makes recovery even harder. Until macro conditions stabilize and technicals reset, Pi Coin remains at risk of further losses.

对于缺乏强大的机构支持或深厚流动性的PI网络，这使得康复变得更加困难。在宏观条件稳定并重置技术之前，PI硬币仍处于进一步损失的风险。

Unless it can reclaim key levels and hold them, any bounce may prove short-lived in a market increasingly driven by external forces and fading risk appetite.

除非它可以恢复关键水平并保持其持有，否则任何反弹都可能在越来越多的外部力量和淡化风险食欲驱动的市场中被证明是短暂的。