BOSS Wallet data source, Polkadot DOT today's market news, DOT Polkadot latest price: $5.86, 24-hour rise 13.65%, volume $4.46 billion According to the analysis of the candlestick chart, the current trend belongs to the oscillation. Compared with the sharp decline at 20:00, it has fallen below the low point of 13:00, and has decreased compared with 18:00. The price has dropped but the volume has risen, which usually indicates an increase in dumping pressure and active selling by sellers. This may be because the market has a pessimistic attitude towards future prices, or negative news triggers panic dumping. In this case, the future price may continue to fall due to selling pressure and pessimistic market sentiment. Investors should be alert to whether the price will fall below the key support level. If the support level is broken, it may lead to a larger decline. The market is hot, but the price is falling. According to the Williams indicator, the current market is neither Overbought nor Oversold. Recently, the volume has increased, with higher volume compared to the previous few hours while the price is declining, indicating increased selling pressure. The pump may be a temporary rebound, selling pressure still exists, it is recommended to continue to observe, follow the key support level.

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