The cryptocurrency market has been experiencing frequent fluctuations recently, and the performance of Polkadot (DOT) has attracted widespread attention from investors. Currently, DOT is oscillating repeatedly in the range of 3 to 4 dollars, which is considered a key consolidation area.

From a technical perspective, 3 dollars is an important support level. As long as DOT can hold this price level, its weekly structure can remain intact, laying the foundation for future increases. Analysts generally believe that if DOT can break through the current range, its short-term target price could look towards 9 dollars.

However, investors also need to be aware of potential downside risks. If the price of DOT falls below the support level of 3 dollars, it could trigger further selling pressure. In this case, investors may need to reassess their holding strategy.

In the long term, some optimistic market participants believe that DOT has the potential to challenge the high of 30 USD in a new bull market. However, the realization of this optimistic expectation requires effective protection of the current key support level.

Overall, the price trend of Polkadot is at a critical crossroads. Investors should closely follow the price dynamics within the 3 to 4 dollar range, as this may become an important indicator for judging future trends. At the same time, considering the high fluctuation of the crypto assets market, investors should act cautiously and conduct thorough risk assessments before making any decisions.