PI硬幣（Piusdt）在1小時圖表上顯示看跌旗圖案

2025年5月23日，Pi Coin（Piusdt）在1小時圖表上顯示了看跌旗圖案。

On May 23, 2025, Pi Coin (PIUSDT) showed a bearish flag pattern on the 1-hour chart.

2025年5月23日，Pi Coin（Piusdt）在1小時圖表上顯示出看跌旗圖案。

This technical setup often signals continuation to the downside.

這種技術設置通常信號延續到不利的一面。

A bearish flag pattern forms when a sharp price drop, called the flagpole, is followed by a brief upward consolidation inside parallel trendlines, resembling a flag.

當價格下降（稱為旗桿）之後是平行趨勢線內部的簡短固結，類似於旗幟時，就會形成看跌旗的圖案。

The chart confirmed this structure after a steep fall on May 16. Since then, price has climbed in a narrow ascending channel, marked by two red trendlines.

該圖表在5月16日陡峭下降後證實了這種結構。從那時起，價格在一個狹窄的上升渠道上攀升，標有兩個紅色趨勢線。

At the same time, the 50-period Exponential Moving Average (EMA) now sits above the price at $0.8114, acting as resistance.

同時，現在50個週期的指數移動平均線（EMA）現在以0.8114美元的價格位於價格上，起著電阻。

Meanwhile, the Relative Strength Index (RSI) reads 41.57, showing weakening buying strength.

同時，相對強度指數（RSI）的讀數為41.57，顯示購買強度較弱。

If the bearish flag confirms with a breakdown below the lower red trendline, PIUSDT could drop 28% from its current level of $0.8079. That places the downside target at approximately $0.5814, which aligns with the previous low shown on the chart.

如果看跌旗確認低於低紅色趨勢線的故障，Piusdt可能會從目前的0.8079美元水平下降28％。這將下行目標定為約0.5814美元，與圖表上的先前低點保持一致。

Pi Coin DMI Shows Bullish Momentum as Sellers Retreat

Pi Coin DMI顯示了賣家務虛會時的看漲勢頭

On May 21, Pi Coin’s Directional Movement Index (DMI) signals suggest that trend strength is increasing.

5月21日，PI硬幣的定向運動指數（DMI）信號表明趨勢強度正在增加。

The Average Directional Index (ADX), which tracks trend momentum, rose from 12.46 to 16.60 within a day. This level of ADX movement is significant and signals that the trend is more likely to continue.

跟踪趨勢動量的平均方向指數（ADX）在一天之內從12.46上升到16.60。 ADX運動水平很重要，並表明趨勢更有可能繼續。

ADX readings above 20 are often considered more reliable by analysts in determining if the price trend is strong.

分析師在確定價格趨勢是否強勁時，通常認為20多於20的ADX讀數更可靠。

At the same time, the Positive Directional Indicator (+DI), which reflects bullish strength, climbed to 25.98. It moved up from 20.14 yesterday but cooled slightly from earlier today’s high of 29.15.

同時，反映看漲強度的正方向指示器（+di）爬到25.98。它從昨天的20.14升起，但從今天早些時候的29.15升高略微冷卻。

Meanwhile, the Negative Directional Indicator (−DI), which measures bearish pressure, dropped to 14.45 from 20.84.

同時，測量看跌壓力的負方向指示器（-DI）從20.84降至14.45。

This widening gap between +DI and −DI indicates that bulls are gaining ground while sellers are losing momentum.

+di和-di之間的這種擴大差距表明，公牛在賣方失去動力的同時處於地面。

If ADX continues climbing past 20, Pi Coin could enter a stronger uptrend supported by increased buying pressure.

如果ADX繼續攀升20，則Pi硬幣可能會因購買壓力增加而支持更強的上升趨勢。

Chaikin Money Flow Turns Negative After Failing to Hold Breakout

Chaikin貨幣流量未能保持突破後變負

On May 21, Pi Coin’s Chaikin Money Flow (CMF) dropped to -0.03 after briefly rising above zero.

5月21日，Pi Coin的Chaikin貨幣流（CMF）在短暫上升到零以上後降至-0.03。

The Chaikin Money Flow is a volume-weighted oscillator that tracks capital inflows and outflows to indicate market sentiment. Values above zero reflect buying pressure, while values below zero show selling pressure.

Chaikin貨幣流是一種體積加權的振盪器，它跟踪資本流入和流出以表明市場情緒。高於零的值反映了購買壓力，而零以下的值顯示出銷售壓力。

Two days earlier, CMF stood at -0.17. It climbed to +0.9 on May 20, showing short-lived accumulation. However, the current dip back below the zero line signals that buyers have not yet taken control.

兩天前，CMF站在-0.17。它在5月20日攀升至+0.9，顯示出短暫的積累。但是，當前的傾斜返回了零線以下的信號，該信號尚未控制。

Although the drop is minor, it reflects a lack of strength in sustaining bullish momentum.

儘管下降很小，但它反映了維持看漲勢頭的力量。

For sustained upside, the CMF must return to positive territory and remain there. Until then, this near-zero reading suggests indecision and fading buyer strength after the latest rally.

為了持續的上升空間，CMF必須返回積極的領土並留在那裡。在此之前，這種接近零的閱讀表明，在最新集會之後，猶豫不決和褪色的買家實力。

Vietnam Dominates Pi Network’s Node Infrastructure

越南在Pi Network的節點基礎架構中占主導地位

As of May 22, 2025, Vietnam hosts 154 out of Pi Network’s 319 global nodes, according to Piscan. This number represents 48.2% of the total nodes.

據Piscan稱，截至2025年5月22日，越南在PI Network的319個全球節點中佔據了154個。該數字代表總節點的48.2％。

At the same time, 33 of the 76 connected nodes also operate from Vietnam.

同時，76個連接的節點中有33個也從越南運行。

The network only has two validator nodes, both controlled by the Pi Network core team. This setup raises concerns over centralization, fairness, and long-term network resilience.

該網絡只有兩個驗證器節點，均由PI網絡核心團隊控制。這種設置引起了人們對集中化，公平性和長期網絡彈性的擔憂。

Vietnam’s legal stance complicates the issue further. Local laws do not recognize Pi Coin as a legal payment method. Users could face fines ranging from 50 million to 100 million Vietnamese dong or criminal charges under Decree 88/2019 and Decree 143/21. In 2023, Vietnamese authorities also launched an investigation into Pi Network’s operations.

越南的法律立場使問題進一步複雜化。地方法律不認為PI硬幣是法律支付方法。用戶可能會面臨從5000萬到1億個越南董事的罰款，或根據88/2019法令和143/21法令的刑事指控。 2023年，越南當局還開始了對PI網絡運營的調查。

Core Team Controls Over 60% of Pi Supply

核心團隊控制PI供應的60％以上

According to Piscan, the Pi Foundation currently holds over 60.7 billion Pi coins out of the 100 billion total supply. This level of control contradicts the decentralized image the project promotes.

據PISCAN稱，PI基金會目前持有1000億個供應量中的607億PI硬幣。這種控制水平與項目促進的分散圖像相矛盾。

The Vietnamese Ministry of Finance has also proposed restricting cryptocurrency custody to licensed institutions, a move that could limit local miner activity and further affect Pi Network’s infrastructure.

越南財政部還提出了將加密貨幣監護權限制為有執照機構的，這一舉動可能會限制當地礦工活動並進一步影響PI Network的基礎設施。

Community concerns continue to grow. A recent Reddit post stated that as long as the team holds a large share of the supply, decentralization remains out of reach.

社區的關注繼續增長。 Reddit最近的一篇文章指出，只要團隊佔有很大的供應份額，權力下放仍然無法實現。

Alleged Insider Dumping and User Losses Trigger Fresh Criticism of Pi Network

所謂的內部傾銷和用戶損失觸發了對PI網絡的新批評

A new investigation by crypto analyst Atlas has intensified concerns over Pi Network’s transparency

加密分析師Atlas的一項新調查加劇了對PI網絡透明度的關注點