BOSS Wallet data source, Polkadot (DOT) current price trend, the latest price of DOT has broken through to $6.748, an increase of 2.01%, with a trading volume of $172 million.

Analysis through K-line chart shows that the current trend is oscillating. Compared to 10:00, there has been a significant increase, and it has rebounded from 09:00, breaking through the high point of 06:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between price and volume may be due to a lack of selling pressure. In this case, future prices may experience a pullback or consolidate sideways, as the lack of trading volume support makes it difficult for prices to continue rising. Investors need to be cautious of the risk of a high position retreat and pay attention to whether trading volume can keep up with the price increase, as well as whether new buying interest emerges.
Market enthusiasm is low, and trading volume has decreased. The Williams indicator shows that the current market state is neither overbought nor oversold. Recently, trading volume has decreased, with volume dropping compared to a few hours ago, while the price has risen, indicating weakening upward momentum.

Market upward momentum is weakening, it is advised to operate cautiously, pay attention to changes in trading volume, and avoid entering blindly.

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