BOSS Wallet data source, latest price information for Polkadot (DOT), the real-time price of DOT has risen by 2.02% to $9.001, with a trading volume of $739 million.

Analysis from the candlestick chart shows that it is currently in a fluctuating trend. Compared to 07:00, there has been a significant increase, and a recovery from 02:00, breaking through the high point of 08:00. When prices rise while trading volume decreases, it usually indicates a weakening of upward market momentum and a decrease in the number of buyers.
This phenomenon of divergence between volume and price is usually due to a lack of sell orders. In this case, future prices may experience a pullback or consolidation. Due to the lack of trading volume support, it is difficult for prices to continue rising, so caution is needed for the risk of a high-level retreat. Investors should pay attention to whether trading volume can accompany the price increase and whether new buying interest enters the market.
Market enthusiasm is low, and trading volume is decreasing. According to the Williams indicator, there is currently no overbought or oversold condition. Recently, trading volume has decreased, falling compared to the previous hours, with prices rising and trading volume declining: upward momentum is weakening.

Market upward momentum is weakening, it is recommended to operate cautiously and pay 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.