BOSS Wallet data source, latest price news of Polkadot (DOT), the real-time price of DOT has risen by 2.07% to $8.975, trading volume $746 million

According to the candlestick chart, it is currently in a volatile trend. It has significantly increased compared to 13:00, rebounded from 05:00, and decreased from 10:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening buying momentum and a decrease in the number of buyers.
This 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 price increases to be sustained. Investors should be cautious of the risk of a high-level pullback and pay attention to whether the trading volume can keep up with the price increase, as well as whether new buying interest appears.
Market heat is low, and trading volume is decreasing. The Williams indicator suggests that it is currently overbought. Recently, trading volume has decreased, lower than in the previous few hours, while the price has risen, indicating weakening upward momentum.
The market's upward momentum is weakening, and it is advisable to operate cautiously, paying attention to changes in trading volume to avoid blindly entering the market.

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