BOSS Wallet data source, Polkadot DOT today's market news, DOT Polkadot latest price: $4.985, 24 hours down -0.6%, transaction volume $446 million
According to the K-line chart, the current trend is oscillating. It has dropped sharply compared to 13:00, rebounded compared to 05:00, and dropped compared to 09:00. The simultaneous decline in price and trading volume usually means that the market activity is reduced and both buyers and sellers are not active.
The market may be in a wait-and-see state, waiting for new driving factors. In this case, prices may continue to be sluggish or sideways in the future until new market news or events break the deadlock. Investors should pay close attention to market changes and events that may cause market fluctuations.
In a shock trend, the trading volume decreases, and the price and trading volume decrease at the same time. The Williams indicator shows that this is a period without overbought and oversold. The trading volume has decreased recently, and the trading volume is less than in the previous few hours. The price and trading volume are falling at the same time: the market is quiet and trading is not active.
The rise may be affected by other factors. It is recommended to continue to wait and see and wait for the market to further clarify its direction.
The above content is for reference only and does not constitute investment advice.