BOSS Wallet data source, Polkadot (DOT) real-time price, the latest price of DOT today reached $7.635, with an increase of 2.00%, trading volume $463 million

According to the candlestick chart analysis, it is currently in a consolidation trend. Compared to 12:00, there is a slight increase, compared to 13:00, there is a slight decrease, and it has rebounded compared to 06:00. When the price rises while trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain an upward trend, and there is a risk of a high-level pullback. Investors should pay attention to whether trading volume can accompany price increases and whether there are new buyers entering the market.
Trading volume decreases while the price increases. The Williams indicator indicates that it is currently in an overbought state. Recently, trading volume has decreased, with volume lower than in previous hours, while the price has risen and the volume has fallen: upward momentum is weakening.
The upward momentum of the market is weakening; it is recommended to remain cautious and be aware of the risk of a high-level pullback.

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