尽管锁定范围，但动量指示器弱，信号是潜在的PI网络（PI）故障

PI仍然锁定在紧密的侧向范围内，但是较弱的动量指标表明了潜在的崩溃，因为稀释风险对循环供应的压力重。

The price of Pi Network (PI) has been consolidating in a tight sideways range, but momentum indicators are showing signs of weakness, which could foreshadow a potential breakdown.

PI网络（PI）的价格一直在横向范围内巩固，但是动量指标显示出虚弱的迹象，这可能会预示潜在的崩溃。

At press time, PI was trading at $0.58, testing the lower boundary of its 14% consolidation range. The RSI is lagging at 38, lagging behind the neutral 50 level and nearing oversold territory. The MACD also indicates weakening momentum.

发稿时，PI的交易价格为0.58美元，测试了其14％合并范围的下边界。 RSI落后于38，落后于中立的50级，靠近超卖领土。 MACD还表示动量弱。

While the MACD line is still slightly above the signal line, they appear to be approaching a bearish crossover, which could indicate a shift in momentum to the downside.

尽管MACD线仍然略高于信号线，但它们似乎正在接近看跌的交叉，这可能表明动量转移到了下跌。

The lack of strength in PI price and technical indicators may be attributed to the fundamental risk of dilution. This month, 21.4 million PI tokens were unlocked, amounting to approximately $12.3 million at current market prices.

PI价格和技术指标缺乏强度可能归因于稀释的基本风险。本月，解锁了2140万个PI代币，当前市场价格约为1,230万美元。

Although the April unlock is relatively small, investors are likely anticipating heavier future unlocks and pricing them into the token price. The total monthly unlock trend exhibits a consistent increase in supply over time, with an average of over 131 million PI per month over the next year.

尽管四月的解锁相对较小，但投资者可能会预计将来会更重，并将其定价为代币价格。随着时间的推移，每月的每月解锁趋势表现出一致的供应量持续增加，明年平均每月超过1.31亿PI。

Unless a major update is introduced or the PI Foundation burns a portion of its nearly 72 billion PI (71,991,181,249 π) holdings across its wallets, the risk of sustained downward pressure on PI remains substantial.

除非引入重大更新，否则PI基金会将其近720亿pi（71,991,181,249π）持有的部分燃烧在其钱包中，否则对PI的持续向下压力的风险仍然很大。