DOT is currently around 0.81u. It has fallen from its historical high of 55 to just a small fraction—down 98% and a bit more.



More importantly, this price isn’t far off its historical low either. It only just set a new low last month, and now it’s basically hovering around that level. This kind of situation isn’t common, which shows the market really has no confidence in it.

The recent trend is also steadily downward: down nearly 4% over the past week, down close to 10% over the past month, and over the last 24 hours it’s still falling—down around 3%. There are no signs of stabilizing.

The circulating supply already accounts for about 80% of the total, and the remaining portion isn’t especially large either. But at this stage, supply isn’t the main issue anymore—the bigger problem is that no one wants to take the “bag.”

This level is quite awkward: if it breaks, it becomes a new low. If it holds, the decline is just slower—there’s no real support strength to speak of. If you want to bottom-fish here, you need to be extremely cautious, because the trend hasn’t clearly turned yet. For those looking to short, chasing shorts at this price doesn’t offer much downside room anymore. More than anything, you’re watching whether there will be a rebound first, so you can cover a bit before deciding. Next, it comes down to whether it can hold around here—otherwise there’s still the possibility of continuing to probe lower. #dot $DOT
DOT-1.33%
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