Pi Coin在买方支持薄弱的情况下面临下降压力

PI Network（PI）再次调情，决定性分解低于1美元，在撰写本文时以0.94美元的价格进行交易。

Pi Network (PI) token is once again facing downtrend pressure as it flirts with a decisive breakdown below the $1 level, currently trading at $0.94. The latest price action shows mounting weakness, with technical indicators flashing bearish warnings across multiple timeframes.

PI Network（PI）令牌再次面临下降压力，因为它在低于1美元的水平上调情，目前交易价格为0.94美元。最新的价格动作显示了越来越多的弱点，技术指标在多个时间表上闪烁看跌警告。

The token, which briefly soared above $3 in early March, has since given up more than 65% of its gains, reflecting fading momentum and growing skepticism about its long-term tokenomics. Despite its vocal community, Pi remains unlisted on major exchanges, and current prices are based on speculative IOU contracts, adding further risk for retail buyers.

该代币在3月初短暂飙升至3美元以上，此后已经放弃了超过65％的收益，反映了褪色的势头和对其长期令牌的怀疑。尽管PI具有声音社区，但PI仍未在主要交易所中持有，并且目前的价格基于投机性IOU合同，从而增加了零售买家的风险。

Technical Analysis: Breakdown Below $1 Could Trigger Panic

技术分析：$ 1以下的细分可能引发恐慌

Even though Pi Coin’s trading structure is unusual, some public exchange data gives us enough to outline the main trends and pivots in the current technical outlook:

尽管Pi Coin的交易结构是不寻常的，但一些公共交换数据为我们提供了足够的概述，以概述当前技术前景中的主要趋势和枢轴：

Major Resistance Levels: $1.5, $2, $2.5

主要阻力水平：$ 1.5，$ 2，$ 2.5

Major Support Levels: $1, $0.5, $0

主要支持水平：$ 1，$ 0.5，$ 0

Relative Strength Index (14): Deeply oversold below 30, indicating strong bearish pressure and potential for further price declines.

相对强度指数（14）：高于30以下的高度超过30，表明看跌压力很大，而且可能会下降。

Moving Average Convergence Divergence (MACD): Histograms are in the negative zone on both 12/26/9 and 24/52/18 timeframes, suggesting a strong downtrend with no immediate signs of reversal.

移动平均收敛差异（MACD）：直方图在12/26/9和24/52/18时框架上均处于负区域，这表明没有立即反转迹象的强劲下降趋势。

Parabolic SAR: Dot is above the price, confirming the bearish trend.

抛物线SAR：DOT高于价格，证实了看跌趋势。

Bollinger Bands: Bands have widened significantly, indicating increased price volatility.

Bollinger乐队：乐队已大大扩大，表明价格波动提高。

Is This the End for Pi Coin?

这是PI硬币的终结吗？

The current dip below the key $1 support level has sparked discussions about a potential collapse of the token. While the latest price action shows weakness, it’s still premature to call it a total wipeout.

当前的下降到关键$ 1的支持水平以下引发了有关令牌潜在崩溃的讨论。虽然最新的价格动作表现出弱点，但称其为完全的废止仍然为时过早。

The future of Pi Coin hinges on a few key developments:

PI硬币的未来取决于一些关键的发展：

What Needs to Change

需要改变什么

Without these milestones, Pi risks fading into crypto obscurity—despite its large user base.

如果没有这些里程碑，PI可能会逐渐衰落加密的默默无闻，尽管它是大型用户群。

Final Thoughts: Collapse or Comeback?

最终想法：崩溃还是卷土重来？

Crashing below $1 is a big psychological blow for Pi holders, but it’s not necessarily the end—yet. Until the Pi Network team delivers on its promises, the coin will remain in a speculative grey zone.

对于PI持有人来说，跌至1美元以下是一项巨大的心理打击，但这不一定是结局。在PI网络团队兑现其承诺之前，硬币将留在投机灰色区域。

For now, investors should stay cautious and avoid overcommitting unless key updates are officially rolled out.

目前，除非正式推出关键更新，否则投资者应保持谨慎，并避免过度承诺。