BOSS Wallet data source, Polkadot real-time price trend, the latest price of DOT today reached $10.095, with an increase of 2.01%, trading volume $1.671 billion

According to the analysis of the K-line chart, it is currently a volatile trend. Compared to 20:00, it has risen slightly, compared to 21:00, it has fallen slightly, and it has rebounded compared to 13:00. When the price rises but trading volume decreases, it usually means 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 caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be wary of the risk of price retreating at high levels and pay attention to whether trading volume can keep up with price increases, as well as whether there is new buying interest.
Market enthusiasm is low, and trading volume has decreased. The Williams indicator shows that the current market status is overbought. Recently, trading volume has decreased, with trading volume dropping compared to the previous few hours, while prices have risen, resulting in a decline in upward momentum.
Upward momentum is weakening, market enthusiasm is low, cautious operation is recommended, pay attention to changes in trading volume, and avoid blind entry.

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