09:18
Polkadot is included in the Bitwise Index Fund, supporting a long-term bullish outlook, with DOT returning to the $2 long-term accumulation zone.
Polkadot (DOT) price recently retreated again to about $2, which is considered a key long-term accumulation zone since 2022. According to the latest insights from analyst Egrag Crypto, this area has structural support and is regarded as DOT's "home zone" over the years, but it is currently unclear whether the market has truly bottomed out.
DOT price touched around $2, with a significant pullback during trading, followed by sideways consolidation in this critical price region. Egrag Crypto pointed out that he had previously positioned in DOT at higher prices and continued to add to his holdings during the recent pullback. Based on historical trends and Polkadot's core role in multi-chain infrastructure, this zone is seen as an important position of long-term structural support.
DOT-6.87%
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