PI令牌[PI]已開始扭轉其價格表上的下降趨勢。

實際上，在過去的四天中，令牌上漲了20％。有趣的是，最近的交易量也攀升了。

Pi token [PI] has begun to turn around its downtrend on the price charts. In fact, over the last four days, the token has gained by 20%.

PI令牌[PI]已開始扭轉其價格表上的下降趨勢。實際上，在過去的四天中，令牌上漲了20％。

Interestingly though, the trading volume has also climbed lately. Here, it’s worth noting that it did not hold a candle to the volume seen a week ago, when PI clocked in a 114% rally in six days.

有趣的是，最近的交易量也攀升了。在這裡，值得注意的是，它沒有在一周前看到的蠟燭，當時PI在六天內進行了114％的集會。

The price action was in stark contrast to the technical analysis indicators, which pointed to a strong bearish momentum. Together, the indicators and the price action showed that the market structure was shifting bullishly.

價格動作與技術分析指標形成鮮明對比，這表明看跌勢頭強勁。指標和價格行動共同表明，市場結構在看漲。

Data from Coinalyze revealed that bullish conviction was not high in the short term. The price rose by 14% in the last 24 hours and the Open Interest climbed by 17%. This seemed to be a positive sign – Speculative traders might be willing to go long as the short-term performance turned bullish.

Coinalze的數據表明，在短期內，看漲的信念並不高。在過去的24小時內，價格上漲了14％，開放興趣上漲了17％。這似乎是一個積極的信號 - 投機性交易員可能願意長期以來的短期表現使看漲。

It was not intense, and the funding rate was just barely above zero. Together, the data showed that short-term expectations were bullish, but not overheated. These expectations might be aided by Bitcoin [BTC] seeking to set new all-time highs.

這並不強烈，資金率僅高於零。數據共同表明，短期期望是看好的，但沒有過熱。比特幣[BTC]試圖設定新的歷史高點可能會有助於這些期望。

On the 1-day chart, PI has retraced below the 78.6% Fibonacci retracement level. These levels were plotted based on the rally to $1.6 earlier this month. This rally breached the $0.745-level – A local high from April. This shifted the market structure bullishly.

在為期1天的圖表上，PI已回落到78.6％的斐波那契反回試水平。這些水平是根據本月早些時候的集會為1.6美元繪製的。這次集會違反了$ 0.745級的級別 - 從4月起的本地高點。這是看漲的市場結構。

The sudden rally and subsequent retracement meant that the 1-day timeframe did not show strong bullish momentum. The MACD was above the zero line, but the red histogram bars were a result of the quick retracement.

突然的集會和隨後的回答意味著為期1天的時間表並未表現出強烈的看漲勢頭。 MACD高於零線，但是紅色直方圖桿是快速回撤的結果。

The inability of the bulls to defend the $0.8 retracement was a worry, but this worry was short-lived. At press time, PI was trading above the level once more, and could be set to rally higher.

公牛無法捍衛0.8美元的回扣令人擔憂，但這種擔憂是短暫的。發稿時，PI再次超過該水平，並且可以將其設置為更高。

The CMF was above +0.05 over the past ten days, and the A/D indicator has trended higher too. These were two signs of high buying pressure, a result of the trading volume surge on 11 and 12 May.

在過去的十天中，CMF高於+0.05，並且A/D指示器也趨勢更高。這是5月11日和12日的交易量激增的結果，這是兩個高購買壓力的跡象。

Zooming in on the 4-hour chart, we can see that a local resistance zone was present at $0.9. It was a bearish order block on the H4 timeframe, highlighted in red.

在4小時圖表上放大，我們可以看到當地電阻區的存在為0.9美元。這是H4時限上的看跌訂單塊，以紅色突出顯示。

The volume indicators, which had been firmly bullish on the 1-day timeframe, were neutral on the 4-hour chart. Neither the CMF nor the A/D line revealed heightened buying pressure. In fact, the MACD was yet to form a bullish crossover above the zero line.

在為期1天的時間範圍內堅定看漲的音量指標在4小時的圖表上是中立的。 CMF和A/D線都沒有發現購買壓力升高。實際上，MACD尚未在零線上形成一個看漲的跨界。

Therefore, unless we see a surge in demand in the short term, PI could struggle to rally past $0.9. On the other hand, a move beyond $0.9 and a hike in buying pressure could offer a buying opportunity.

因此，除非我們在短期內看到需求激增，否則PI可能會難以集會超過0.9美元。另一方面，超過$ 0.9的搬遷，購買壓力的漲息可能會提供購買機會。