最近的PI網絡價格崩潰失去了動力，但是技術和基本因素表明最終是看跌的突破

從技術上講，硬幣形成了看跌佳餚的模式。從根本上講，人們擔心它是一條幽靈連鎖店，其集中化意味著頂級交流很可能不會很快列出。

The recent Pi Network price crash has lost momentum, but technicals and fundamental factors point to an eventual bearish breakout, potentially to its lowest point in April.

最近的PI網絡價格崩潰失去了動力，但是技術和基本因素表明最終是看跌的突破，可能是4月份的最低點。

Pi Network Price Technical Analysis: Bearish Pennant Forms

PI網絡價格技術分析：看跌甲甘南佳式形式

The eight-hour chart shows that the Pi Network price has slumped since May 12, when it surged to $1.6631 ahead of the ecosystem news.

八個小時的圖表顯示，自5月12日以來，PI網絡價格在生態系統新聞之前飆升至1.6631美元。

Now, Pi Coin has dropped below the 50-period moving average.

現在，PI硬幣已降至50個週期的移動平均線以下。

More importantly, the ongoing consolidation is part of the formation of a bearish pennant pattern. A pennant is made up of a vertical line resembling a flagpole and a triangular pattern.

更重要的是，持續的鞏固是看跌甲甘南類模式的形成的一部分。三角旗由類似旗桿和三角形圖案的垂直線組成。

A bearish breakout will point to a drop to the key support at $0.5580, the lowest swing on April 9 and 30. Losing that support level will point to more downside to its April low of $0.40, down by 45% from the current level.

看跌的突破將指向鑰匙支持下降的價格為0.5580美元，這是4月9日和30日的最低揮桿。失去支撐水平將表明其4月份低點為0.40美元，比當前水平下降45％。

The bearish Pi Coin price forecast will become invalid if the coin manages to rise above the psychological point at $1.

如果硬幣設法以1美元的價格上升，看跌的PI硬幣價格預測將無效。

Pi Coin Exchange Listings Unlikely to Happen Without Major Changes

PI硬幣交換清單不太可能沒有重大更改

The Pi Network price may also keep falling because the much-anticipated listing by top exchanges like Binance and Upbit is unlikely to happen unless the developers implement changes.

PI網絡價格也可能會繼續下跌，因為除非開發人員實施更改，否則不太可能發生眾多交流的備受期待的清單。

This view is based on the fact that Pi Network is a highly centralized cryptocurrency where the obscure Pi Foundation has so much power. As shown below, the foundation holds at least 72.7 billion tokens valued at over $53 billion in seven wallets.

這種觀點基於以下事實：PI網絡是高度集中的加密貨幣，晦澀的Pi基金會具有很大的力量。如下所示，該基金會至少擁有727億個代幣，價值超過530億美元的七個錢包。

The foundation also holds more tokens in thousands of wallets. All this exposes holders to risk since these wallets are not audited. Also, the Pi Coin price would likely crash if the foundation dumped the tokens willingly or if hackers infiltrated the wallets. Most exchanges will unlikely list a crypto project with all this centralization.

該基金會還擁有數千錢包中的代幣。由於未審核這些錢包，因此所有這些都使持有人面臨風險。另外，如果基金會願意拋棄令牌，或者黑客滲透了錢包，則PI硬幣價格可能會崩潰。大多數交易所不太可能列出所有這些集中化的加密項目。

Pi Network Token Unlocks

PI網絡令牌解鎖

Further, Pi Coin price may also struggle because of the ongoing token unlocks.

此外，由於持續的令牌解鎖，PI硬幣價格也可能會掙扎。

Data shows that the network will unlock 271.18 million tokens in the next 30 days. The daily average of these unlocks is over 9 million. It will unlock 1.49 billion tokens in the next 12 months.

數據顯示，該網絡將在接下來的30天內解鎖2.718億個令牌。這些解鎖的每日平均值超過900萬。它將在未來12個月內解鎖14.9億個令牌。

With Pi having a maximum supply of 100 billion and a circulating supply of 7.9 billion, it means that the supply will grow by over 92 billion over time. Unlocks increase the supply, which is risky, especially when there is no demand to buy it.

隨著PI的最高供應量為1000億，循環供應量為79億，這意味著隨著時間的推移，供應將增長超過920億。解鎖會增加供應量，這是有風險的，尤其是在不需要購買的情況下。

Pi is a Ghost Chain

PI是鬼連鎖店

A ghost chain is a blockchain network that has no developers building applications.

幽靈鍊是一個沒有開發人員構建應用程序的區塊鍊網絡。

While Pi’s mainnet launched with 100 apps, most of them have not become popular. Also, it is too early to predict whether the projects that will be funded by the $100 million Pi Network ventures will succeed.

雖然Pi的Mainnet啟動了100個應用程序，但其中大多數並沒有流行。同樣，現在預測由1億美元的PI Network Ventures資助的項目還為時過早。

Therefore, with no apps in the network, chances are that the Pi Network token will not have any utility.

因此，由於網絡中沒有應用程序，因此很有可能PI網絡令牌將沒有任何實用程序。