PI网络（PI）以双位数量暴跌

尽管在整个更广阔的市场上有一定的力量，但对PI的投资者情绪仍然很弱

Pi Network (PI) has seen a steeper decline than usual, dropping by double digits over the past week, even as the broader crypto market shows signs of recovery.

PI Network（PI）的下降幅度比平常急剧下降，在过去一周中下降了两位数，即使更广泛的加密市场显示出恢复的迹象。

As of Thursday (August 10) morning, PI’s market cap stands at $4.1 billion, having decreased by 10%. This new all-time low comes amid reports of the token facing intense selling pressure.

截至周四（8月10日）上午，PI的市值为41亿美元，下降了10％。这个新的历史最低点是关于令牌面临巨大销售压力的报道。

With bearish pressure intensifying, the token could soon revisit its all-time low near $0.40.

随着看跌压力加剧，令牌很快可能会重新审视其历史最低点的$ 0.40。

Relative Strength Index Shows Unrelenting Bear Market

相对强度指数显示毫不留情的熊市

Despite some strength across the broader market, investor sentiment toward PI remains weak, with technical indicators suggesting that its price decline could continue.

尽管在整个更广阔的市场上有一定的力量，但对PI的投资者情绪仍然很弱，技术指标表明其价格下降可能会持续下去。

The Relative Strength Index (RSI), a key momentum indicator that tracks an asset’s overbought and oversold market conditions, continues to drop, indicating falling demand and growing selling pressure.

相对强度指数（RSI）是跟踪资产过多和超卖市场条件的关键势头指标，它继续下降，表明需求下降和销售压力的增长。

At press time, PI’s RSI is in a downtrend at 39.78. This RSI reading indicates weakening momentum and positions the token just above oversold territory, suggesting continued selling pressure could trigger further losses.

发稿时，PI的RSI处于39.78的下降趋势。此RSI读数表明，动量弱，将令牌位置在超出领土上方，这表明持续销售压力可能会引发进一步的损失。

The lower RSI is, the more oversold an asset becomes. When RSI falls below 30, it signals no buyers in the market, which could lead to a price drop.

较低的RSI是，资产越多。当RSI低于30以下时，它标志着市场上没有买家，这可能会导致价格下跌。

On the other hand, RSI readings above 70 indicate an asset is in overbought territory and might be due for a correction.

另一方面，RSI读数超过70，表明资产处于过多的领土上，可能需要进行更正。

On Thursday morning, the RSI signaled that PI is not yet oversold, despite the price declines.

在星期四早上，RSI表示，尽管价格下降，但PI尚未超出。

On-Balance Volume Shows No Accumulation

平衡量没有累积

The fact that PI’s on-balance volume (OBV) has decreased further supports the bearish outlook above.

PI的平衡量（OBP）减少了进一步支持上述看跌的事实。

This indicator, which measures buying and selling pressure by tracking volume flow relative to price movements, is at -1.26 billion at press time, falling by 15% in the past week.

该指标通过跟踪相对于价格变动来衡量买卖压力的指标在发稿时为-12.6亿，在过去一周中下降了15％。

When OBV increases, it means that more volume is tied to buying than selling, which signals that the market price is likely to rise. Conversely, when OBV decreases like this, more volume is tied to selling than buying. This indicates weakening investor confidence and potential for further price declines.

当明显增加时，这意味着与买卖相关的数量要多，这表明市场价格可能会上涨。相反，当这样的明显减少时，与销售相比，与购买相比，数量更多。这表明投资者的信心减弱，并有可能进一步下降。

The lower the OBV, the more likely it is that an asset’s price will continue to decrease.

OBV越低，资产价格将继续下降的可能性就越大。

Chaikin Money Flow Plumbs New Depths

chaikin货币流plumbs新深度

Pluming new lows, PI’s Chaikin Money Flow (CMF) supports the bearish outlook above.

Pi的Chaikin Money Flow（CMF）为新的低点提供了新的低点，支持上面的看跌前景。

At press time, this indicator, which tracks how money flows into and out of an asset, is below the zero line at -0.15.

在发稿时，该指标跟踪资金如何流入和从资产流出，在-0.15的零行以下。

This negative reading reflects the strength of the sell-side pressure in the PI spot markets.

这种负读数反映了PI现货市场中卖方压力的强度。

If this trend persists, PI could revisit its all-time low of $0.40.

如果这种趋势持续存在，PI可以重新审视其历史最低点0.40美元。

However, a bullish reversal in the current trend could propel PI’s price to $1.01.

但是，目前趋势的看涨逆转可能会使PI的价格提高到1.01美元。