PI网络（PI）显示了5月以后恢复的迹象

在5月经历了湍流时期后，PI网络（PI）显示出恢复的迹象。

Pi Network (PI) is showing signs of recovery after experiencing a turbulent period in May. The cryptocurrency, which had plunged nearly 50% from May 12 to May 17, hitting a low of $0.69, has begun to rebound on the price charts.

PI Network（PI）在5月经历了湍流期后显示出恢复的迹象。从5月12日至5月17日起，加密货币跌至近50％，跌至0.69美元，已经开始在价格表上反弹。

At the time of writing, PI trades at $0.84, marking an 8% increase in the last 24 hours and a 30% gain over the past month. This recovery comes after a difficult period for the token. Daily trading volume has surged more than 150% to $548 million, indicating renewed market interest in the cryptocurrency. However, PI still sits 77% below its all-time high of $2.99 established in February.

在撰写本文时，PI的交易价格为0.84美元，在过去的24小时内增长了8％，过去一个月增长了30％。在令牌艰难时期之后，这种恢复是出现的。每日交易量飙升了150％以上，至5.48亿美元，表明加密货币的市场兴趣增加了。但是，PI仍比2月建立的2.99美元的历史最高高点低77％。

The technical outlook for PI presents a mixed but cautiously optimistic picture. The relative strength index sits in the neutral range at 54, meaning there is neither an overbought nor oversold condition present. Momentum indicators like the moving average convergence divergence show some weakness, displaying sell signals. However, the major moving averages for the 10, 20, 30, and 50-day periods are all trending upward.

PI的技术前景呈现出混合但谨慎的乐观图片。相对强度指数位于中性范围为54，这意味着既不存在过多也没有过多的状况。诸如移动平均收敛差异之类的动量指标显示出一些弱点，显示出卖出信号。但是，10、20、30和50天的主要移动平均值都向上趋势。

Chart by Benzinga

Benzinga的图表

Despite the recent price gains, Pi Network continues to face several significant hurdles. Millions of users remain frustrated by mainnet migration and know-your-customer verification delays, which limit access and transfers, particularly in China. The token also lacks listings on major exchanges such as Coinbase or Binance. Even though the community voted overwhelmingly for a Binance listing, the token has yet to be added to the platform.

尽管最近的价格上涨，但PI网络仍在面临几个重大障碍。数以百万计的用户对主网迁移和知识客户验证延迟感到沮丧，这限制了访问和转移，尤其是在中国。代币还缺少有关Coinbase或Binance等主要交易所的清单。即使社区以绝大多数投票赞成二元上市，但令牌尚未添加到该平台中。

This lack of liquidity creates a ceiling for how much the price can rise without facing selling pressure. Another key obstacle is utility. In the absence of significant decentralized finance projects or decentralized applications, demand for PI remains primarily speculative. A rally to $1.35 just before the $100 million Pi Network Ventures fund announcement on May 14 quickly reversed, demonstrating how fragile market sentiment can be without real use cases.

这种缺乏流动性为价格上涨而不面临销售压力而造成了上涨。另一个关键障碍是实用程序。在没有大量分散的金融项目或分散申请的情况下，对PI的需求仍然主要是投机性的。在5月14日的1亿美元PI Network Ventures Fund公告迅速推翻之前，集会至1.35美元，这表明市场情绪在没有实际用例的情况下会是多么脆弱。

Adding to the pressure, more than 1.47 billion PI tokens are scheduled to unlock over the next year. This could increase selling pressure unless balanced by token burns or rising demand.

除了压力外，计划在明年内开放超过14.7亿个PI令牌。除非被令牌燃烧或需求增加，否则这可能会增加销售压力。

The buying pressure appears to be building, as shown by indicators like the Chaikin Money Flow (CMF) sitting above +0.05 over the past ten days. The Accumulation/Distribution (A/D) indicator has also trended higher, two signs of increased buying interest.

购买压力似乎正在建设中，如过去十天中+0.05以上的Chaikin货币流量（CMF）之类的指标所示。累积/分布（A/D）指标也呈上升趋势，这是购买利息增加的两个迹象。

On the 4-hour chart, a local resistance zone sits at $0.90. This represents a bearish order block that could prove challenging for bulls to overcome without a surge in demand.

在4小时的图表上，当地电阻区为0.90美元。这代表了一个看跌秩序的块，这可能使公牛在不增加需求的情况下克服挑战。

If buyers hold support near $0.74 and push through resistance at $0.90, a move back toward $1 becomes possible, especially if trading volume remains strong or a major exchange listing occurs.

如果买家的支持接近$ 0.74，并以0.90美元的价格推动阻力，则可能会返回1美元，尤其是如果交易量保持强劲，或者发生重大交换上市。

However, if momentum fades and structural problems persist, PI could fall below $0.74 and trigger another downward trend, with the large upcoming token unlock adding to downward pressure.

但是，如果动量逐渐消失和结构性问题，PI可能会降至0.74美元以下，并触发另一个下降趋势，而即将到来的代币则增加了下降压力。

Speculative traders appear to be bidding on PI in the short term. Data shows that the Open Interest climbed by 17% alongside the 14% price increase in the last 24 hours, suggesting that traders might be willing to go long as short-term performance turns bullish.

投机交易者在短期内似乎是对PI的竞标。数据表明，在过去24小时内，开放兴趣攀升了17％，这表明交易者可能愿意长期以来，只要短期绩效转为看涨。

These expectations might be aided by Bitcoin (BTC) seeking to set new all-time highs, potentially lifting the broader cryptocurrency market including PI.

比特币（BTC）寻求设定新的历史最高点，可能会提高包括PI在内的更广泛的加密货币市场。

For now, PI continues its recovery attempt with bulls defending key support levels. The cryptocurrency’s next moves will likely depend on its ability to overcome resistance at $0.90 and address the underlying project challenges.

目前，PI继续与公牛捍卫关键支持水平的恢复尝试。加密货币的下一步行动可能取决于其克服抵抗力为0.90美元的能力，并应对潜在的项目挑战。