PI代幣價格在啟動1億美元初創基金後墜毀25％，引起了人們對其短期價格軌蹟的擔憂

儘管採取了這一主要倡議，但市場反應仍然乏力，引起了人們對PI代幣短期價格軌蹟的擔憂。

The price of PI has dropped by 25% in the past 24 hours, marking a sharp decline just one day after the launch of its $100 million startup fund, Pi Network Ventures.

在過去的24小時內，PI的價格下跌了25％，這標誌著其耗資1億美元的初創基金PI Network Ventures出現了一天的急劇下降。

This major initiative was supposed to help new Web3 startups in blockchain, decentralized applications, artificial intelligence, and other domains. Despite this initiative, the market response has been lackluster, raising concerns about the PI token's short-term price trajectory.

該主要計劃應該幫助區塊鏈，分散應用程序，人工智能和其他領域的新Web3初創公司。儘管採取了這種倡議，但市場反應卻很乏力，這引起了對Pi代幣短期價格軌蹟的擔憂。

As Block Decoded reports, PI’s price is at a crucial juncture that could determine the next leg of its market cycle.

正如Block解碼的報告一樣，PI的價格處於關鍵時刻，可以決定其市場週期的下一個工作。

The PI/USD one-day chart readings suggest that this decline may not be over. As of writing, PI’s price is on the verge of dipping below its 20-day Exponential Moving Average (EMA).

PI/USD的一日圖讀數表明，這種下降可能還沒有結束。截至撰寫本文時，PI的價格即將下降到其20天的指數移動平均值（EMA）以下。

The 20-day EMA measures an asset’s average price over the past 20 trading days, weighting recent prices. When an asset’s price is poised to break below this key moving average, it signals weakening short-term momentum and a potential shift to a bearish trend.

20天的EMA衡量了過去20個交易日的資產平均價格，使最近的價格加權。當資產的價格有望在此關鍵移動平均值以下中斷時，它標誌著削弱了短期勢頭，並可能轉移到看跌趨勢。

A break below this threshold could be pivotal, especially after PI’s recent bullish climb between May 8 and May 13.

低於此閾值的突破可能是關鍵的，尤其是在PI最近5月8日至5月13日之間的看漲攀登之後。

Moreover, PI’s Balance of Power (BoP) is currently negative, highlighting the selloff trend among market participants.

此外，PI的功率平衡（BOP）目前為負面，突出了市場參與者的拋售趨勢。

The BoP indicator measures the strength of buyers versus sellers by comparing closing prices to the trading range. When it is in the negative territory like this, sellers are said to be pushing prices lower.

BOP指標通過將收盤價與交易範圍進行比較來衡量買方與賣方的強度。當它在這樣的負面領土上時，據說賣方將價格降低。

Risking Breakdown Toward $0.40

冒著損失到$ 0.40的風險

PI’s decisive break below its 20-day EMA would confirm the bearish shift in market sentiment. The 20-day EMA, currently acting as dynamic support at $0.80, has cushioned recent price pullbacks and attracted buying interest.

PI在20天EMA以下的決定性突破將證實市場情緒的看跌。目前為0.80美元的動態支持的20天EMA已緩解了最近的價格下跌，並吸引了購買利息。

Therefore, a close below this level would invalidate that support and reinforce the prevailing bearish outlook. It would confirm the increased selling pressure among PI token holders and hint at the potential for a deeper correction soon.

因此，低於此級別的近距離將使支持和加強現行的看跌前景無效。它將證實PI代幣持有人之間的銷售壓力增加，並暗示很快就有更深入的更正。

In this scenario, PI could revisit its all-time low of $0.40.

在這種情況下，PI可以重新訪問其歷史最低點0.40美元。

However, if the bulls regain market dominance, they could drive PI’s price toward $1.01.

但是，如果公牛恢復了市場的優勢，他們可以將PI的價格推向1.01美元。