BOSS Wallet data source, Polkadot (DOT) market news today, latest price of DOT: $6.653, 24-hour drop -7.661%, trading volume $502 million

From the analysis of the candlestick chart, it can be seen that it is currently in a consolidation trend. Compared to the sharp drop at 14:00, it broke through the low of 07:00 and has decreased since 10:00. Both price and trading volume are declining simultaneously, which usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to remain sluggish or range-bound until new market news or events break the deadlock. Investors should closely monitor changes in the market and events that may trigger price fluctuations.
Oversold condition, reduced trading volume, price and trading volume are declining simultaneously. According to the Williams indicator, it is currently in an oversold state. Recently, trading volume has decreased, with volume down compared to the previous hours, and price and trading volume are both declining: the market is quiet, and trading is inactive.

The market has risen unexpectedly, it is recommended to continue watching and waiting for more signals.

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