BOSS Wallet data source, Polkadot (DOT) real-time price trend, the latest price of DOT today reached $9.01, with an increase of 2.00%, trading volume $903 million

According to the candlestick chart, it is currently in a consolidation trend. Compared to 15:00, there has been a significant increase, but it has decreased compared to 08:00. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This divergence phenomenon of volume and price may be due to a lack of selling pressure. In this case, the future price may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for the price to sustain its rise. Investors should be wary of the risk of a high-level pullback and pay attention to whether the trading volume can keep up with the price rise, as well as whether new buying interest appears.
The market is cold, and trading volume is decreasing. The Williams indicator indicates that there is currently no overbought or oversold period. Recently, trading volume has decreased, with trading volume lower than in previous hours, while the price has risen, leading to a decrease in trading volume: upward momentum is weakening.

Upward momentum is weakening, it is recommended to operate cautiously and pay attention to subsequent buying interest and trading volume.

The above content is for reference only and does not constitute investment advice.