BOSS Wallet data source, Polkadot's real-time price trend, the latest price of DOT is $6.883 today, with an increase of 2.00%, and a trading volume of $164 million.

From the K-line chart analysis, the current trend is oscillating. Compared to 16:00, it has significantly dropped, but has rebounded compared to 09:00. When the price rises while 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 volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, it is difficult for prices to sustain an upward trend, and there is a risk of a decline from high levels. Investors should pay attention to whether the trading volume can support the price increase and whether new buying pressure is entering the market.
In an oscillating trend, trading volume decreases while prices rise. According to the Williams Indicator, it is currently overbought. Recent trading volume has decreased, with trading volume less than in previous hours, and the price is rising while trading volume is falling: upward momentum is weakening.

Upward momentum is weakening; it is recommended to watch and be cautious of the risk of a pullback, paying attention to changes in trading volume and new buying pressure.

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