BOSS Wallet data source, the latest price information for Polkadot (DOT) is $6.844, an increase of 3.52%, with a trading volume of $159 million.

According to the candlestick chart analysis, it is currently in a volatile trend. Compared to 14:00, there has been a significant increase, a recovery from 09:00, and a breakthrough of the 13:00 high point. 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 volume and price may be due to a lack of selling pressure. In this case, future prices may experience a pullback or consolidation, as the lack of trading volume support makes it difficult for the price to sustain its rise. Investors should be cautious of the risk of a pullback from high levels, paying attention to whether trading volume can keep up with the price increase and whether there is new buying interest.
Overbought condition, with decreasing trading volume and rising prices. The Williams indicator indicates that it is currently overbought. Recently, trading volume has decreased, with volume down compared to previous hours, and the price is rising while trading volume is declining: upward momentum is weakening.
Weakening upward momentum, either a pullback or consolidation is expected; it is recommended to wait and see until the market direction is clear.

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