BOSS Wallet data source, Polkadot (DOT) current price trend, the latest price of DOT has broken through to $9.293, with an increase of 3.52%, trading volume $766 million.

According to the analysis of the candlestick chart, it is currently in a volatile trend. Compared to 18:00, there has been a significant increase, but a decrease from 11:00. When prices rise but trading volume decreases, it usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This divergence phenomenon between volume and price is usually caused by a lack of sell orders. In this context, future prices may experience a pullback or consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be wary of the risk of price retracement at high levels and pay attention to whether trading volume can keep up with the price increase, as well as whether there is new buying interest.
In a volatile trend, trading volume decreases while prices rise. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has decreased, with volume lower than in previous hours, and prices have risen while volume has declined: upward momentum is weakening.

The market's upward momentum is weakening, it is advisable to stay cautious, be alert to the risk of high-level pullbacks, and pay attention to changes in trading volume.

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