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
BitMine Stock Price Surges 16%: Ethereum Price Mismatch Creates Arbitrage Window, $24 Becomes Key Watershed
BitMine (BMNR) stock price has surged recently, with a single-day gain of nearly 14% on March 16, closely related to its held Ethereum assets. However, BMNR and Ethereum show a phase mismatch, leading to short-term decoupling. Institutional funds are arbitraging this opportunity, with significantly increased trading volume. The technical side shows positive signals, but key resistance is around the $24 level, with attention needed on breakthrough performance at this level and subsequent price action.
GateNews7m ago
Citi significantly lowers Bitcoin and Ethereum target prices, with policy delays constraining upside potential
Citigroup has lowered its 12-month target prices for Bitcoin and Ethereum to $112,000 and $3,175 respectively, mainly due to the slower-than-expected progress of U.S. policy initiatives. Although the target prices have been reduced, both assets still have room for upward movement. The market's diminished expectations for demand growth make the sustainability of capital inflows a critical factor. If regulatory conditions improve, the target prices may be raised; otherwise, the downward adjustment will be justified.
GateNews12m ago
Mainstream CEX and DEX funding rates show the market remains bearish
On March 18, Gate News reported that as Bitcoin dipped slightly, the funding rates across major CEX and DEX platforms show the market is broadly bearish, indicating that market sentiment remains skewed to the downside.
GateNews12m ago
U.S. stocks strengthen but crypto concept stocks diverge, with Bitcoin's high-level fluctuations suppressing the performance of COIN and MSTR
The US stock market rose slightly driven by macroeconomic data and corporate earnings, with investors showing increased risk appetite for equities. Cryptocurrency-related stocks showed mixed performance, with COIN and MSTR trading characteristics closely tied to Bitcoin price fluctuations. Despite overall strength in US equities and rapid capital inflows, crypto stocks will continue to exhibit high volatility if Bitcoin fails to establish a trending rally.
GateNews17m ago
Bitcoin inflows to exchanges reach a new high, with $75,000 becoming a key resistance level
As the crypto market rebounds, on-chain capital inflows to Bitcoin have significantly increased, reaching the highest levels, indicating the market may face selling pressure. Meanwhile, prices are approaching short-term resistance zones, and macro interest rate policies remain a key factor. Market expectations for rate cuts have cooled, which could constrain risk assets.
GateNews43m ago
Grayscale Research Head Points to XRP Being Undervalued, Valuations Expected to Correct Rapidly After Regulatory Clarity
Grayscale Research Head Zach Pandl pointed out that XRP's market price does not reflect its actual utility, primarily due to regulatory uncertainty affecting its valuation. Once the CLARITY Act establishes clear cryptocurrency asset regulations, XRP is expected to be repriced. Additionally, growing market demand for the GXRP Trust product shows that institutional investors are positioning early, anticipating market opportunities following regulatory clarity.
MarketWhisper1h ago
