Polkadot (DOT) has experienced a significant downturn in the last 24 hours, halting its recent rally at the $5.70 level. The decline is attributed to increased selling pressure that has emerged, pushing the price downward. Analysts suggest that the market sentiment surrounding Polkadot may be shifting, as investors reassess their positions in light of the current price movement. This development highlights the volatility inherent in the cryptocurrency market, where rapid price changes can occur due to shifts in investor behavior and broader market dynamics. Observers are closely monitoring Polkadot's performance for further indications of market trends.