DOT spot rose more than 7% in a day, but the momentum J value dropped from the 70s this morning to the 50s — the gains are still being refreshed, but the accelerator has already eased off.
$DOT is currently priced at 0.995, up about 7.22% over 24 hours, with trading volume around 12.4 million USDT. The trend-following line (SAR) is near 0.955, and the price is still about 0.04 above it — short-term strength still leans bullish. The momentum J value is 56.82 (K 62.92 / D 65.97), clearly cooler than the overheated state from an hour ago; it looks more like a pullback after stepping on the gas than a continued surge. The 24-hour high reached 1.029, and the low was 0.92; it just touched the area around 1.029 overhead, but has not held above it.
On the capital side, according to etfllama (as of around 9/5): global Polkadot-related ETFs/ETPs have total AUM of about $25.41 million; net outflows over the past day were about $182,000, while the past 7 days still show a cumulative net inflow of about $174,000. In the U.S. channel, TDOT (21Shares) has AUM of about $8.08 million, with shares locked at 750,000; net inflows over 1 day / 7 days / 30 days are all zero — AUM is moving with the coin price, not because new money is coming in. Looking back to the March seed-scale level of about $11 million, the size still has not returned to the starting point.
Both rises and falls are normal; the key is not to read one move as a trend reversal.
$DOT is currently priced at 0.995, up about 7.22% over 24 hours, with trading volume around 12.4 million USDT. The trend-following line (SAR) is near 0.955, and the price is still about 0.04 above it — short-term strength still leans bullish. The momentum J value is 56.82 (K 62.92 / D 65.97), clearly cooler than the overheated state from an hour ago; it looks more like a pullback after stepping on the gas than a continued surge. The 24-hour high reached 1.029, and the low was 0.92; it just touched the area around 1.029 overhead, but has not held above it.
On the capital side, according to etfllama (as of around 9/5): global Polkadot-related ETFs/ETPs have total AUM of about $25.41 million; net outflows over the past day were about $182,000, while the past 7 days still show a cumulative net inflow of about $174,000. In the U.S. channel, TDOT (21Shares) has AUM of about $8.08 million, with shares locked at 750,000; net inflows over 1 day / 7 days / 30 days are all zero — AUM is moving with the coin price, not because new money is coming in. Looking back to the March seed-scale level of about $11 million, the size still has not returned to the starting point.
Both rises and falls are normal; the key is not to read one move as a trend reversal.

