PI網絡（PI/USDT）看到了2％的反彈，但是它會恢復嗎？

停滯數週後，Pi Coin（PI/USDT）在過去24小時內略有2％的反彈，其交易價格約為0.637美元。

Pi Coin (PI/USDT) saw a slight 2% bounce in the last 24 hours, trading at around $0.637. While that move may look minor, traders are beginning to question if this is a sign of recovery, or the last gasp before a deeper correction.

Pi Coin（PI/USDT）在過去24小時內略有2％的反彈，交易約為0.637美元。儘管這一舉動看起來可能很小，但交易者開始質疑這是恢復的跡象，還是在更深入的更正之前喘氣。

Bearish Divergence Signals Momentum Weakness

看跌差異信號動量弱點

Chart Analysis - Pi Network

圖表分析-PI網絡

Looking at the technical structure on the 4-hour chart, there was some hope for a bottom when Pi touched the $0.60 level. Often, in oversold markets, such Fib round numbers offer support.

查看4小時圖表上的技術結構，當Pi觸及0.60美元的水平時，人們對底部有一些希望。通常，在超售市場中，這種FIB圓形數字提供支持。

However, despite bouncing three times from that zone, the Stochastic oscillator showed lower lows, signaling weaker buying strength with each attempt.

然而，儘管從該區域彈跳了三遍，但隨機振盪器顯示出較低的低點，每次嘗試時的購買強度較弱。

This divergence between price and momentum is a bearish signal, suggesting that sellers were stepping in more aggressively despite the shallow recovery in the token.

價格和動量之間的這種差異是一個看跌信號，表明儘管令牌的恢復較淺，但賣方逐步逐步介入。

Why Is Pi Coin Not Moving Despite Its Massive User Base?

為什麼Pi硬幣儘管其大量用戶群不動？

Pi Network boasts over 50 million users and a global mining community, which is an incredible feat. But there’s an uncomfortable truth that traders need to consider.

PI Network擁有超過5000萬用戶和一個全球採礦社區，這是一項令人難以置信的壯舉。但是，交易者需要考慮一個令人不安的事實。

The token is not live on a fully functioning mainnet. What’s trading on platforms like OKX isn’t the final, transferable version of Pi. It’s an IOU, a proxy for what may exist later when the network launches.

令牌不存在於功能齊全的主網上。 OKX之類的平台上的交易不是最終可轉讓版的PI。這是一個IOU，是網絡啟動後可能存在的代理。

This disconnect between perception and reality keeps the coin stuck. There’s no real utility yet, and the lack of transparency on how the token will be integrated into the ecosystem keeps it in no-man’s land.

感知與現實之間的這種脫節使硬幣陷入困境。目前還沒有真正的效用，並且缺乏透明度，即將令牌將如何整合到生態系統中，將其保存在無人區的土地上。

Is Pi Network A Good Investment In 2025?

PI網絡是2025年的良好投資嗎？

This is where optimism starts to fray. Pi’s most loyal supporters are beginning to ask a harder question: Is this project really building something solid, or just spinning a well-crafted narrative?

這是樂觀開始陷入困境的地方。 PI最忠實的支持者開始提出一個更棘手的問題：這個項目真的建立了紮實的東西，還是只是在旋轉精心製作的敘述？

Without transparency, on-chain data, or real-world utility, Pi doesn’t offer much to stand on beyond hope and community momentum.

沒有透明度，鏈接數據或現實世界實用程序，PI並不能超越希望和社區勢頭。

And in crypto, that kind of hype doesn’t hold up forever. Eventually, traders want to see on-chain signals of buying pressure, not another round of FOMO.

在加密中，這種炒作並不能永遠堅持。最終，交易者希望看到購買壓力的鍊鍊信號，而不是另一輪FOMO。