PI網絡（PI）以雙位數量暴跌

儘管在整個更廣闊的市場上有一定的力量，但對PI的投資者情緒仍然很弱

Pi Network (PI) has seen a steeper decline than usual, dropping by double digits over the past week, even as the broader crypto market shows signs of recovery.

PI Network（PI）的下降幅度比平常急劇下降，在過去一周中下降了兩位數，即使更廣泛的加密市場顯示出恢復的跡象。

As of Thursday (August 10) morning, PI’s market cap stands at $4.1 billion, having decreased by 10%. This new all-time low comes amid reports of the token facing intense selling pressure.

截至週四（8月10日）上午，PI的市值為41億美元，下降了10％。這個新的歷史最低點是關於令牌面臨巨大銷售壓力的報導。

With bearish pressure intensifying, the token could soon revisit its all-time low near $0.40.

隨著看跌壓力加劇，令牌很快可能會重新審視其歷史最低點的$ 0.40。

Relative Strength Index Shows Unrelenting Bear Market

相對強度指數顯示毫不留情的熊市

Despite some strength across the broader market, investor sentiment toward PI remains weak, with technical indicators suggesting that its price decline could continue.

儘管在整個更廣闊的市場上有一定的力量，但對PI的投資者情緒仍然很弱，技術指標表明其價格下降可能會持續下去。

The Relative Strength Index (RSI), a key momentum indicator that tracks an asset’s overbought and oversold market conditions, continues to drop, indicating falling demand and growing selling pressure.

相對強度指數（RSI）是跟踪資產過多和超賣市場條件的關鍵勢頭指標，它繼續下降，表明需求下降和銷售壓力的增長。

At press time, PI’s RSI is in a downtrend at 39.78. This RSI reading indicates weakening momentum and positions the token just above oversold territory, suggesting continued selling pressure could trigger further losses.

發稿時，PI的RSI處於39.78的下降趨勢。此RSI讀數表明，動量弱，將令牌位置在超出領土上方，這表明持續銷售壓力可能會引發進一步的損失。

The lower RSI is, the more oversold an asset becomes. When RSI falls below 30, it signals no buyers in the market, which could lead to a price drop.

較低的RSI是，資產越多。當RSI低於30以下時，它標誌著市場上沒有買家，這可能會導致價格下跌。

On the other hand, RSI readings above 70 indicate an asset is in overbought territory and might be due for a correction.

另一方面，RSI讀數超過70，表明資產處於過多的領土上，可能需要進行更正。

On Thursday morning, the RSI signaled that PI is not yet oversold, despite the price declines.

在星期四早上，RSI表示，儘管價格下降，但PI尚未超出。

On-Balance Volume Shows No Accumulation

平衡量沒有累積

The fact that PI’s on-balance volume (OBV) has decreased further supports the bearish outlook above.

PI的平衡量（OBP）減少了進一步支持上述看跌的事實。

This indicator, which measures buying and selling pressure by tracking volume flow relative to price movements, is at -1.26 billion at press time, falling by 15% in the past week.

該指標通過跟踪相對於價格變動來衡量買賣壓力的指標在發稿時為-12.6億，在過去一周中下降了15％。

When OBV increases, it means that more volume is tied to buying than selling, which signals that the market price is likely to rise. Conversely, when OBV decreases like this, more volume is tied to selling than buying. This indicates weakening investor confidence and potential for further price declines.

當明顯增加時，這意味著與買賣相關的數量要多，這表明市場價格可能會上漲。相反，當這樣的明顯減少時，與銷售相比，與購買相比，數量更多。這表明投資者的信心減弱，並有可能進一步下降。

The lower the OBV, the more likely it is that an asset’s price will continue to decrease.

OBV越低，資產價格將繼續下降的可能性就越大。

Chaikin Money Flow Plumbs New Depths

chaikin貨幣流plumbs新深度

Pluming new lows, PI’s Chaikin Money Flow (CMF) supports the bearish outlook above.

Pi的Chaikin Money Flow（CMF）為新的低點提供了新的低點，支持上面的看跌前景。

At press time, this indicator, which tracks how money flows into and out of an asset, is below the zero line at -0.15.

在發稿時，該指標跟踪資金如何流入和從資產流出，在-0.15的零行以下。

This negative reading reflects the strength of the sell-side pressure in the PI spot markets.

這種負讀數反映了PI現貨市場中賣方壓力的強度。

If this trend persists, PI could revisit its all-time low of $0.40.

如果這種趨勢持續存在，PI可以重新審視其歷史最低點0.40美元。

However, a bullish reversal in the current trend could propel PI’s price to $1.01.

但是，目前趨勢的看漲逆轉可能會使PI的價格提高到1.01美元。