BOSS Wallet data source, real-time price of Polkadot (DOT), the latest price of DOT today reached $6.895, with an increase of 2.01%, and a trading volume of $300 million.

Based on the K-line chart analysis, it is currently in a volatile trend. Compared to 11:00, there has been a significant increase, and it has rebounded from 05:00, breaking through the high point of 08:00. The price is rising but trading volume is declining, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to a lack of sell orders. In this case, future prices may experience a pullback or consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. 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 emerges.
Market enthusiasm is low, and trading volume is decreasing. The Williams indicator shows that it is currently in the overbought territory. Recent trading volume has decreased, with trading volume down compared to the previous few hours, while the price is rising and trading volume is declining: upward momentum is weakening.
Upward momentum is weakening, be cautious of pullback risks, and it is advisable to operate cautiously to avoid entering blindly.

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