PI网络（PI）价格预测：拉伸估值可能会导致生态系统新闻之前发生崩溃

PI网络价格在最近几周的波动性大幅度波动率，目前的交易价格为0.7796美元。虽然令牌在过去24小时内增加了6％

The price of Pi Network (PI) has shown signs of volatility in recent times, currently trading at $0.7796. While the token has seen a 6% surge in the past 24 hours, it’s still down 38% over the last seven days and over 70% from its all-time high of $2.99, which was reached in February.

PI Network（PI）的价格最近显示出波动率的迹象，目前交易价格为0.7796美元。尽管该令牌在过去的24小时中的增长6％，但在过去的七天中仍然下跌了38％，比2月达到的2.99美元的历史高处超过70％。

As reported by AMB Crypto, there has been a slight increase in trading volume to more than $221 million in the past 24 hours, indicating renewed interest in the market despite the overall downtrend.

据Amb Crypto报道，在过去24小时内，交易量略有增加到超过2.21亿美元，表明尽管总体下降趋势，但在市场上的新兴趣。

The recent price crash began after May 12, when Pi Network surged to $1.6631 ahead of ecosystem news. Since then, the price has dropped below several key technical indicators.

最近的价格崩溃始于5月12日之后，当时PI网络在生态系统新闻之前飙升至1.6631美元。从那时起，价格下降到了几个关键的技术指标以下。

Analysis of the daily chart presents mixed signals. The relative strength index is approaching the 51 level, which suggests a neutral trend. The 20- and 30-day moving averages have turned positive, indicating that some buying strength is returning.

每日图表的分析呈现混合信号。相对强度指数正在接近51级，这表明是中立趋势的。 20天和30天的移动平均值已变为正，表明某些购买力正在恢复。

However, short-term indicators like the 10-day EMA and SMA continue to present sell signals. At present, support appears to be forming around $0.77, and resistance is at $0.84, which needs to be breached for a stronger recovery.

但是，诸如10天EMA和SMA之类的短期指标继续呈现卖出信号。目前，支持似乎是$ 0.77，电阻为0.84美元，需要违反更强大的恢复。

Technical Analysis: Bearish Pennant Could Send Pi Down 45%

技术分析：看跌三角旗可以将PI下降45％

Technical analysis of the eight-hour chart reveals a concerning pattern forming in the price of Pi Network. The cryptocurrency is forming what appears to be a bearish pennant pattern.

八小时图表的技术分析揭示了PI网络价格中有关模式的形成。加密货币正在形成似乎是看跌的五角旗模式。

This pattern is characterized by a flagpole-like vertical line, followed by a triangular consolidation pattern. The pennant is typically observed after a sharp decline in price, presenting a final drop before a rebound.

该模式的特征是旗杆状的垂直线，其次是三角形巩固模式。通常在价格下降急剧下降后观察到锦标赛，在反弹之前出现了最后的下降。

In the case of Pi Network, the pennant pattern follows a decline of nearly 70% from the highs of around $2.56 to lows of $0.77.

在PI网络的情况下，五角旗模式的下降距离为2.56美元左右，低于$ 0.77。

If this bearish pattern completes with a downward breakout, it could push Pi’s price to a support level of $0.5580. This level corresponds to the previous lows reached on April 9 and April 30.

如果这种看跌模式以下降的突破完成，则可以将PI的价格提高到0.5580美元的支持水平。该级别对应于4月9日和4月30日达到的先前低点。

Failure to hold this support could result in further decline toward $0.40, rendering a 45% drop from current prices.

如果不进行此支持可能会导致进一步下降到0.40美元，从而使目前的价格下降了45％。

However, this bearish forecast could be invalidated if Pi manages to rise above the psychological resistance of $1.

但是，如果PI设法超过1美元的心理抵抗，这种看跌的预测可能会无效。

Centralization Concerns As Pi Foundation Holds Billions In Tokens

集中化问题，因为PI基金会拥有数十亿个令牌

One of the main hurdles for Pi Network is its centralized structure. According to reports, the Pi Foundation holds at least 72.7 billion tokens, currently valued at over $53 billion, in seven wallets, in addition to more tokens in thousands of other wallets.

PI网络的主要障碍之一是其集中式结构。据报道，除了数千个其他钱包中，Pi Foundation至少拥有727亿个令牌，目前价值超过530亿美元，还拥有7个钱包中的530亿美元。

This high level of centralization poses risks for token holders, as these wallets have not been subject to audits. If the foundation decides to sell these tokens or hackers gain access to the wallets, it could lead to a dramatic crash in the token’s price.

这种高水平的集中化给令牌持有人带来了风险，因为这些钱包没有受到审计的约束。如果基金会决定出售这些代币或黑客访问钱包，则可能导致令牌价格发生巨大的崩溃。

Moreover, the centralized nature of Pi Network poses a challenge for obtaining listings on major exchanges like Binance and Upbit. Most top-tier exchanges are typically reluctant to list cryptocurrency projects with such concentrated token distribution.

此外，PI网络的集中性质对获得Binance和Upbit等主要交易所的上市构成了挑战。大多数顶级交易所通常不愿列出具有集中令牌分布的加密货币项目。

Chart Analysis: Pi Network Faces Token Unlocks And Ecosystem Growth Challenges

图表分析：PI网络面临令牌解锁和生态系统增长挑战

An analysis of Pi Network’s tokenomics reveals another challenge that could hamper price gains.

对PI Network的标记学的分析揭示了另一个挑战，可能会阻碍价格上涨。

Data shows that the network will unlock 271.18 million tokens over the next 30 days, with a daily average exceeding 9 million tokens.

数据显示，该网络将在接下来的30天内解锁2.718亿个令牌，每天的平均值超过900万个令牌。

Looking further ahead, 1.49 billion tokens will be unlocked over the next 12 months. Considering that Pi has a maximum supply of 100 billion and a current circulating supply of 7.9 billion, the supply will grow by over 92 billion tokens over time.

进一步展望，在接下来的12个月中，将解锁14.9亿个令牌。考虑到PI的最高供应量为1000亿，目前的循环供应量为79亿，因此随着时间的推移，供应将增长超过920亿个令牌。

These continuous unlocks increase the available supply, which can exert downward pressure on prices, especially if it’s not met with a corresponding rise in demand.

这些连续解锁会增加可用的供应，这可能会对价格施加向下压力，尤其是在需求相应增加的情况下。

Furthermore, Pi Network has faced criticism as a potential “ghost chain,” with few developers actively building applications on its platform. Although the mainnet launched with 100 apps, most of them have failed to gain significant user traction.

此外，PI Network面临批评是一种潜在的“幽灵连锁店”，很少有开发人员会在其平台上积极构建应用程序。尽管主网启动了100个应用程序，但其中大多数未能获得大量的用户牵引力。

The $100 million Pi Network Ventures fund was established to support the growth of its ecosystem. However, despite this initiative, there hasn’t been much progress to report yet.

建立了1亿美元的PI Network Ventures基金，以支持其生态系统的增长。但是，尽管采取了主动行动，但报告还没有太多进展。

Without strong applications driving usage, the Pi Network token primarily serves as a subject of speculation rather than having intrinsic utility.

没有强大的应用程序推动使用，PI网​​络令牌主要是投机的主题，而不是具有内在效用。

Many users have also encountered difficulties accessing their coins since the February mainnet launch due to ongoing Know Your Customer (KYC) delays. This has frustrated early miners who anticipated being able to freely use or trade their tokens.

自2月Mainnet发布以来，由于持续了解您的客户（KYC）延迟，许多用户还遇到了访问硬币的困难。这使早期的矿工感到沮丧，他们希望能够自由使用或交易其令牌。

Finally, Pi Network’s absence from major exchanges like Coinbase and Binance has limited its liquidity and wider adoption. While the token is traded on

最后，PI网络缺席Coinbase和Binance等主要交易所的缺席限制了其流动性和更广泛的采用。代币交易