BOSS Wallet data source, Polkadot's real-time price quotes, the latest price of DOT today is $8.959, with a rise of 2.03%, and a trading volume of $1.323 billion

The analysis of the candlestick chart shows that we are currently in a consolidation trend. Compared to the significant drop at 15:00, there has been a recovery from 08:00. Both price and trading volume are decreasing, which usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, awaiting new driving factors. In this situation, future prices may continue to be sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that could trigger price fluctuations.
Market activity is low, and there is insufficient momentum. According to the Williams Indicator, we are currently neither overbought nor oversold. Recently, trading volume has decreased, and trading volume has dropped compared to the previous few hours, with both price and trading volume declining: the market is quiet, and trading is inactive.

The market trend is inconsistent with expectations; it is recommended to continue to observe and wait for the trend to clarify before making decisions.

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