BOSS Wallet data source, Polkadot (DOT) current price is $9.593, with an increase of 3.55% and a trading volume of $1.396 billion.

According to the K-line chart analysis, there is currently a volatile trend. Compared to 18:00, there has been a significant increase, recovering from 11:00 and breaking through the high point at 19:00. The price is rising but trading volume is decreasing, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it may be difficult for the price increase to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is advisable to pay attention to whether trading volume can keep up with price increases and whether there is new buying interest. The market is cooling down with decreased trading volume. The Williams indicator indicates that it is currently an overbought time. Recently, trading volume has decreased, less than in previous hours, while the price is rising and trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to operate cautiously and pay attention to changes in volume, being alert to the risk of price retracement.

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