PI網絡（PI）價格經驗中等趨勢

自本月初以來，PI網絡經歷了適度的上升趨勢，價格逐漸上漲。

The Sharpe ratio, an indicator for measuring return to risk, shows that the Pi Network’s current bearish momentum is actually strengthening. However, the value of the ratio has not yet reached a threshold sufficient to trigger a complete reversal of the market trend.

Sharpe比率是測量風險恢復的指標，表明PI網絡當前的看跌動量實際上正在增強。但是，比率的價值尚未達到足以觸發市場趨勢的閾值。

According to technical analysis from tradingview, the Sharpe ratio, specifically the 20-period Sharpe ratio, signals that the current bearish trend of the Pi Network (PI) token is still persisting.

根據TradingView的技術分析，Sharpe比率，特別是20個週期的Sharpe比率，表明PI網絡（PI）代幣的當前看跌趨勢仍在持續存在。

Despite registering early gains since the beginning of the month, the altcoin has failed to create enough bullish momentum to sustain the rally.

儘管自本月初以來就進行了早期收益，但Altcoin仍未創造足夠的看漲勢頭來維持集會。

Despite early gains, the Pi Network is still struggling to make headway towards the crucial $1.00 level.

儘管提前收益，但PI網絡仍在努力邁向至關重要的1.00美元。

Trapped in Uncertainty

被困在不確定性中

Historically, when the Sharpe Ratio hits -19%, it signals a temporary low that is usually followed by a price surge.

從歷史上看，當Sharpe比率達到-19％時，它標誌著暫時的低點，通常是價格上漲。

However, currently, the Sharpe Ratio for the Pi Network token stands at -6%, which is still far from the levels usually seen before a significant price recovery.

但是，目前，PI網絡令牌的Sharpe比率為-6％，這仍然遠離通常在大量價格恢復之前所看到的水平。

While the Sharpe Ratio indicates investor losses, it is not yet a signal of a price trend reversal.

儘管夏普比率表示投資者的損失，但尚未信號趨勢逆轉。

The altcoin seems to be in a neutral zone — it doesn’t have enough negative pressure to cause a sharp drop, but it also doesn’t have enough bullish impetus to push the price up. Investors are still waiting for clarity on market direction.

AltCoin似乎處於中立區域 - 它沒有足夠的負壓來引起急劇下降，但也沒有足夠的看漲動力來提高價格。投資者仍在等待市場方向的清晰度。

On the macro side, technical indicators such as the Moving Average Convergence Divergence (MACD) show that the bearish momentum has not subsided.

在宏觀方面，諸如移動平均收斂差異（MACD）之類的技術指標表明，看跌動量尚未消失。

The appearance of a red bar on the MACD chart, accompanied by a continuing bearish crossover, indicates that the price of Pi Network is likely to remain in a downward trend in the near future.

MACD圖表上的紅色條的出現，伴隨著持續的看跌交叉，表明PI網絡的價格在不久的將來可能會保持下降趨勢。

This pattern suggests that altcoin prices will struggle to regain bullish momentum in the absence of significant positive sentiment from the market.

這種模式表明，在沒有市場上明顯的積極情緒的情況下，Altcoin價格將難以恢復看漲的勢頭。

The continued bearish trend shown by the MACD further reinforces investors’ concerns. As long as these red bars remain, the price movement will most likely continue to be under pressure, which makes reaching the $1.00 price in the near future even more difficult.

MACD表現出的持續看跌趨勢進一步加劇了投資者的擔憂。只要這些紅色的條仍然存在，價格運輸很可能會繼續承受壓力，這使得在不久的將來達到1.00美元的價格更加困難。

PI Price Faces Hurdles Ahead

PI價格面臨著障礙

At $0.78, Pi Network is still about 27% away from the psychological threshold of $1.00. This level is highly anticipated by investors, because if it manages to break through and turn it into a support level, it will most likely trigger a new wave of investment.

Pi Network售價為0.78美元，距1.00美元的心理門檻約27％。投資者高度期待這個水平，因為如果它設法突破並將其轉變為支持水平，則很可能會觸發新的投資浪潮。

However, the current price stagnation raises concerns about the possibility of such a bullish breakout.

但是，當前的價格停滯引起了人們對這種看漲突破的可能性的擔憂。

For now, Pi Network has not shown a clear inclination towards either a bullish or bearish trend. The asset is still stuck in the middle, with indications that negative momentum is more likely.

就目前而言，PI網絡尚未表現出對看漲或看跌趨勢的明顯傾向。資產仍然卡在中間，跡象表明負動量更有可能。

The price could even correct deeper and test the support level at $0.71, reflecting increased caution from investors.

價格甚至可以更深入地糾正並測試支持水平為0.71美元，這反映了投資者的謹慎態度。