#topanalysis #DOTAnalysis The current market sentiment for
$DOT is cautiously bullish. After a period of price stagnation, analysts are identifying several key factors:
Support & Resistance:
$DOT has established strong support around the $7.50 - $8.00 zone. Technical analysts are watching for a sustained break above the $10.20 resistance level, which could trigger a "golden cross" on the daily charts.
Polkadot 2.0 Impact: The shift from the "Parachain Auction" model to "Agile Coretime" (on-demand blockspace) has significantly reduced the barriers for new developers. This is increasing the "burn rate" of
$DOT tokens, providing a deflationary counter-pressure to its natural inflation.
Staking Ratio: Currently, over 52% of the circulating supply is staked. This high "lock-up" percentage limits sudden sell-side liquidity, making the price more sensitive to positive news or ecosystem growth.
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