Pi Network 价格暴跌加剧：Pi 币能否反弹？

尽管比特币和大多数山寨币出现反弹，但 Pi Network 的价格本周仍延续下跌趋势。

Pi Network (PI) 周三跌至 0.7915 美元，为 2022 年 2 月以来的最低水平，较历史最高点下跌超过 74%。其市值已从近 200 亿美元跌至 53.5 亿美元，市值蒸发 146.5 亿美元。

Pi 币价格为何暴跌

Pi Network has crashed because more exchange listings have remained elusive over a month after its mainnet launch. Most of Pi’s trading is happening on exchanges like OKX, Gate.io, and Bitget. 

The most notable exchanges, like Binance, Coinbase, and Upbit have not listed Pi coin, making it unavailable to millions of users. Binance is a notable exchange because it is the biggest one in the industry, while Upbit has a substantial market share in South Korea, a country where Pi is highly popular. A Coinbase listing would give it access to American customers. 

Pi coin price has also crashed as demand among investors wanes. According to CoinGecko, its 24-hour volume on Wednesday was just $213 million. At its peak in February and early March, Pi averaged over $1 billion in daily volume.

此外，由于对其代币经济学的担忧仍然存在，Pi Network 已经崩溃。Pi Scan 数据显示，Pi 基金会持有大部分流通和锁定的代币，并控制着很大一部分供应。浏览器上列出的七个 Pi 基金会钱包目前持有价值 500 亿美元的代币，代表着相当大的集中度。

Pi Network 持有者也因即将到来的代币解锁而恐慌性抛售代币，这将导致市场供应量增加。未来 12 个月将解锁超过 16 亿个新代币。

Pi Network 价格分析

The four-hour chart shows that the Pi coin has been in a strong downtrend this month as it crashed to the lowest point in over a month. It has remained below the 25-period moving average, while the bull-bear power indicator has stayed below the zero line since March 14. 

The BBP indicator, also known as the Elder-Ray index, measures the strength of buyers and sellers in the market. Remaining below the zero line is a sign that bears have prevailed. 

The Relative Strength Index has moved to the oversold level, while the MACD indicator has remained below the zero line. 

On the positive side, the coin has formed a falling wedge pattern, with the two trendlines approaching their convergence level. Therefore, there is a possibility that the coin will bounce back soon and possibly retest the key resistance point at $1.8042, the highest swing on March 13. This price target is about 125% above the current level.