BOSS Wallet data source, Polkadot's current price trend, DOT's latest price has broken through to $9.93, an increase of 3.51%, with a trading volume of $1.511 billion.

After studying the K-line chart, it is currently in a volatile trend. Compared to 18:00, there has been a significant increase, and it has rebounded compared to 11:00, breaking through the high point of 19:00. Prices are rising but trading volume is decreasing, which 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 may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it may be difficult for prices to continue rising, and investors should be cautious of the risk of price pullbacks at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase, and whether there are new buyers entering. Overbought state, decreased trading volume, rising prices. The Williams indicator suggests that it is currently in an overbought state. Recently, trading volume has decreased, and trading volume has decreased compared to the previous few hours, while prices have risen, and trading volume has dropped: upward momentum is weakening.

The market's upward momentum is weakening; it is recommended to remain cautious and wait for changes in trading volume and new buying to clarify the direction.

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