BOSS Wallet data source, Polkadot (DOT) real-time price information, the latest price of DOT today reached $9.512, with an increase of 2.03%, and a trading volume of $1.394 billion.

From the analysis of the candlestick chart, it is known that there is currently a volatile trend. Compared to 18:00, it has risen significantly, and has rebounded compared to 11:00, breaking through the high point of 19:00. When the price rises while the trading volume decreases, it usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, the price increase is difficult to sustain, and there is a risk of a pullback from high levels. Investors should pay attention to whether the trading volume can accompany the price increase and whether new buying interest enters the market.
In a volatile trend, trading volume decreases while the price rises. The Williams indicator shows that it is currently in an overbought condition. Recent trading volume has decreased, trading volume has dropped compared to the previous few hours, and the price has risen while the trading volume has fallen: upward momentum is weakening.

The upward momentum is weakening, it is recommended to stay on the sidelines and pay attention to the subsequent volume-price coordination.

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