【Crypto World】On Tuesday, DOT performed remarkably well, with a single-day increase of 1.9%, trading at $1.9114. The market turning point was triggered by a compliant platform announcing the integration of USDC stablecoin, which directly boosted investors’ long sentiment. From a technical perspective, DOT stabilized in the $1.87-1.88 range, with solid support. More notably, on-chain trading activity was highly active—institutional daily trading volume soared to 229,817 DOT, which is three times the usual daily average. The 24-hour trading volume reached 4.53 million DOT, indicating that large investors and major funds are significantly more involved at this level. This sustained buying enthusiasm combined with high trading volume has laid a foundation for an upward move in the near future. In the short term, $1.94 has become the next key price level.
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HackerWhoCares
· 12-16 17:54
Institutions are quietly accumulating again. This USDC news is really a catalyst.
DOT short-term breakout above $1.91, institutional trading volume hits three times the high
【Crypto World】On Tuesday, DOT performed remarkably well, with a single-day increase of 1.9%, trading at $1.9114. The market turning point was triggered by a compliant platform announcing the integration of USDC stablecoin, which directly boosted investors’ long sentiment. From a technical perspective, DOT stabilized in the $1.87-1.88 range, with solid support. More notably, on-chain trading activity was highly active—institutional daily trading volume soared to 229,817 DOT, which is three times the usual daily average. The 24-hour trading volume reached 4.53 million DOT, indicating that large investors and major funds are significantly more involved at this level. This sustained buying enthusiasm combined with high trading volume has laid a foundation for an upward move in the near future. In the short term, $1.94 has become the next key price level.