BOSS Wallet data source, Polkadot real-time price quote, the latest price of DOT today reached $6.788, with an increase of 2.03%, trading volume of $512 million

After studying the candlestick chart, it is currently in a fluctuation trend. Compared to 15:00, it has significantly dropped, breaking through the low of 16:00, and has decreased compared to 10:00. Both price and trading volume are declining, 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, awaiting new driving factors to emerge. In this case, future prices may continue to be sluggish or consolidate sideways until new market news or events occur. Investors should closely monitor market changes and events that may cause fluctuations.
Trading volume is decreasing, with price and trading volume declining simultaneously. The Williams indicator shows that the current market state is neither overbought nor oversold. Recent trading volume has decreased, with volume down from the previous hours, and price and volume both declining: the market is quiet, with inactive trading.

The reason for the rise is unclear, it is recommended to continue observing and make decisions after the trend becomes clear.

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