BOSS Wallet data source, latest price news for Polkadot (DOT), the real-time price of DOT has risen by 2.00% to $9.169, trading volume $754 million

According to the candlestick chart analysis, it is currently in a fluctuating trend. Compared to 18:00, there has been a significant increase, but it has decreased compared to 11:00. Price is rising but trading volume is declining, which usually indicates that the momentum for market increases is weakening and the number of buyers is decreasing.
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 sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases, as well as whether new buying pressure emerges.
Trading volume is decreasing while the price is rising. The Williams indicator indicates that there is currently no overbought or oversold condition. Recent trading volume has decreased, with trading volume lower than in previous hours, while the price is rising and trading volume is declining: upward momentum is weakening.
The market's upward momentum is weakening, and it is recommended to maintain a wait-and-see approach, paying attention to subsequent changes in trading volume.

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