BOSS Wallet data source, Polkadot (DOT) real-time price quote, the latest price of DOT today reaches $10.095, with an increase of 2.01%, and a trading volume of $1.671 billion.
According to the analysis of the K-line chart, the current trend is oscillating. Compared to 20:00, there is a slight increase; compared to 21:00, there is a slight decrease; and there is a recovery compared to 13:00. When the price rises but the trading volume decreases, it usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually caused by a lack of selling pressure. In this context, future prices may experience corrections or sideways consolidation due to the lack of volume support, making it difficult for prices to sustain their upward trend. Investors should be cautious of the risk of price pullback at high levels and pay attention to whether trading volume can keep up with the price increase and whether new buying interest is entering.
Market heat is low, and trading volume has decreased. The Williams indicator shows that the current market condition is overbought. Recently, trading volume has decreased, with volume down compared to previous hours, while prices have risen and volume has fallen: upward momentum is weakening.
Upward momentum is weakening, market heat is low, it is advisable to proceed with caution, monitor changes in trading volume, and avoid entering the market blindly.
The above content is for reference only and does not constitute investment advice.