PI代币价格在启动1亿美元初创基金后坠毁25％，引起了人们对其短期价格轨迹的担忧

尽管采取了这一主要倡议，但市场反应仍然乏力，引起了人们对PI代币短期价格轨迹的担忧。

The price of PI has dropped by 25% in the past 24 hours, marking a sharp decline just one day after the launch of its $100 million startup fund, Pi Network Ventures.

在过去的24小时内，PI的价格下跌了25％，这标志着其耗资1亿美元的初创基金PI Network Ventures出现了一天的急剧下降。

This major initiative was supposed to help new Web3 startups in blockchain, decentralized applications, artificial intelligence, and other domains. Despite this initiative, the market response has been lackluster, raising concerns about the PI token's short-term price trajectory.

该主要计划应该帮助区块链，分散应用程序，人工智能和其他领域的新Web3初创公司。尽管采取了这种倡议，但市场反应却很乏力，这引起了对Pi代币短期价格轨迹的担忧。

As Block Decoded reports, PI’s price is at a crucial juncture that could determine the next leg of its market cycle.

正如Block解码的报告一样，PI的价格处于关键时刻，可以决定其市场周期的下一个工作。

The PI/USD one-day chart readings suggest that this decline may not be over. As of writing, PI’s price is on the verge of dipping below its 20-day Exponential Moving Average (EMA).

PI/USD的一日图读数表明，这种下降可能还没有结束。截至撰写本文时，PI的价格即将下降到其20天的指数移动平均值（EMA）以下。

The 20-day EMA measures an asset’s average price over the past 20 trading days, weighting recent prices. When an asset’s price is poised to break below this key moving average, it signals weakening short-term momentum and a potential shift to a bearish trend.

20天的EMA衡量了过去20个交易日的资产平均价格，使最近的价格加权。当资产的价格有望在此关键移动平均值以下中断时，它标志着削弱了短期势头，并可能转移到看跌趋势。

A break below this threshold could be pivotal, especially after PI’s recent bullish climb between May 8 and May 13.

低于此阈值的突破可能是关键的，尤其是在PI最近5月8日至5月13日之间的看涨攀登之后。

Moreover, PI’s Balance of Power (BoP) is currently negative, highlighting the selloff trend among market participants.

此外，PI的功率平衡（BOP）目前为负面，突出了市场参与者的抛售趋势。

The BoP indicator measures the strength of buyers versus sellers by comparing closing prices to the trading range. When it is in the negative territory like this, sellers are said to be pushing prices lower.

BOP指标通过将收盘价与交易范围进行比较来衡量买方与卖方的强度。当它在这样的负面领土上时，据说卖方将价格降低。

Risking Breakdown Toward $0.40

冒着损失到$ 0.40的风险

PI’s decisive break below its 20-day EMA would confirm the bearish shift in market sentiment. The 20-day EMA, currently acting as dynamic support at $0.80, has cushioned recent price pullbacks and attracted buying interest.

PI在20天EMA以下的决定性突破将证实市场情绪的看跌。目前为0.80美元的动态支持的20天EMA已缓解了最近的价格下跌，并吸引了购买利息。

Therefore, a close below this level would invalidate that support and reinforce the prevailing bearish outlook. It would confirm the increased selling pressure among PI token holders and hint at the potential for a deeper correction soon.

因此，低于此级别的近距离将使支持和加强现行的看跌前景无效。它将证实PI代币持有人之间的销售压力增加，并暗示很快就有更深入的更正。

In this scenario, PI could revisit its all-time low of $0.40.

在这种情况下，PI可以重新访问其历史最低点0.40美元。

However, if the bulls regain market dominance, they could drive PI’s price toward $1.01.

但是，如果公牛恢复了市场的优势，他们可以将PI的价格推向1.01美元。