Since March 2025, the Polkadot (DOT) price has been in a long-term downtrend overall, but amid recent increased market volatility, DOT still recorded a roughly 4.4% rebound over the past week. This performance, in an environment where Bitcoin prices are fluctuating and market sentiment remains cautious, represents a relatively stable short-term correction.
From a multi-timeframe analysis, DOT’s medium- to long-term trend remains bearish. The weekly chart shows that the downward structure since September last year is still ongoing, with multiple retests after breaks below support. Volume-related indicators reflect persistent selling pressure, and momentum indicators have not shown clear signs of trend reversal. The historical supply zone around $2.5 is still considered an important medium-term potential sell area.
However, on the 4-hour chart, the short-term structure has already changed. The price has successively broken through previous lows at $1.75 and $1.85, forming a bullish structural breakout, indicating that short-term funds are actively entering. The flow of funds and momentum indicators are strengthening in sync, providing technical conditions for DOT to continue upward. From this cycle, the psychological threshold of $2 may be tested, and if market sentiment cooperates, it could even reach the weekly supply zone between $2.1 and $2.5.
It is important to note that systemic risks facing the bulls still exist. Bitcoin remains under pressure near $90,000, causing the overall market to lack clear signals of risk appetite recovery. In this context, altcoins often lack sustainability in their rebounds and are prone to profit-taking at key resistance levels. A short-term bullish outlook does not mean the long-term trend has reversed; medium- and long-term investors should maintain rational expectations for the rebound.
From a trading perspective, current DOT is more suitable for rebound trading rather than trend reversal positioning. Technical models show that the $2.0 to $2.1 region has dense short liquidation and liquidity concentration, making it more likely for the price to approach this zone, which is suitable for short-term profit-taking. Once the price falls below $1.82, the short-term bullish structure will be broken, and the rebound logic will become invalid.
Overall, a breakout above $2 for Polkadot is not impossible, but it depends on the continuation of short-term momentum and the overall market sentiment not worsening further. Until the long-term trend reverses, risk control remains the core focus for participating in DOT trading.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Market panic too much? MicroStrategy founder: Bitcoin has hit bottom, quantum threats are unfounded worry
Michael Saylor asserts that Bitcoin has already finished bottoming out at $60k, and believes concerns about threats from quantum computers are overstated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and also noted that there is limited selling pressure in the market, which could drive a new bull cycle. Mizuho has a positive assessment of its company’s future performance.
CryptoCity2h ago
XRP CLARITY Act Vote in Focus as XRP Holds $1.34 and Senate Returns April 13
XRP is trading at $1.34 as traders await the Senate's action on the XRP CLARITY Act, with potential for significant ETF inflows. The Banking Committee's markup is expected in late April, crucial for defining XRP’s regulatory status.
Cryptonews3h ago
Bitcoin Price Update: BTC Jumps to $72,400 After March Inflation Comes in Softer Than Expected
Bitcoin moved from $72,000 to $72,400 on April 10 after March core CPI printed below expectations, giving crypto bulls a short-lived reprieve from months of sustained macro pressure.
Summary
March core CPI rose just 0.2%, below the 0.3% consensus forecast, while headline CPI climbed 0.9% on
Cryptonews3h ago
Bitmine Chairman Tom Lee: The market may have already bottomed out; I recommend focusing on the leading assets since the outbreak of hostilities
Bitmine chairman Tom Lee said on the X platform that although there are still doubts in the market, there are signs that the bottom has already formed. He is bullish on Ethereum and related assets and believes crypto is a wartime value-preservation tool. Risk assets may rebound, but it’s important to watch whether the macroeconomic environment and geopolitical situation remain stable.
GateNews4h ago
Is the market in excessive panic? MicroStrategy founder: Bitcoin has already hit bottom, and the quantum threat is an overblown concern
Michael Saylor asserted that Bitcoin had already finished bottoming out at $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that Bitcoin will become the core of a digital credit system in the future, and he mentioned that selling pressure in the market is limited, which could help drive a new bull market. Mizuho also gave a positive assessment of the company’s future performance.
CryptoCity5h ago
DWF Labs co-founder: The current market is boring but it hasn’t gone away—there are still plenty of opportunities for builders and investors
DWF Labs co-founder Andrei Grachev said the market is currently in a “very boring” phase, with genuinely valuable activity taking place quietly. He advised investors to stay patient, wait for better timing, and noted that retail investors should respond rationally to market volatility—continue learning and staying engaged.
GateNews5h ago
