- DOT completes a full Wyckoff pattern with a confirmed Spring and SOS breakout signaling early markup.
- Market data shows steady trading near $2.69 with rising strength and stable participation across sessions.
- Derivatives metrics reveal strong long positioning as open interest and ratios support continued upward bias.
Polkadot completed what analysts describe as a textbook Wyckoff accumulation pattern, and the market now enters a phase that aligns with early markup behavior. The setup includes a confirmed Spring and an SOS breakout, and analysts note that the institutional loading phase appears completed. Market activity shows steady participation while DOT trades near $2.69.
Wyckoff Structure Confirms Spring and SOS Breakout
According to analysis prepared by Bitcoinsensus, DOT formed each phase of the Wyckoff accumulation pattern with clear structure. The sequence began with a Selling Climax near support, and an Automatic Rally created the first boundary of the range. Repeated Secondary Tests returned to lower levels while maintaining orderly swings inside the structure.
The chart then recorded a Spring at the range low, and this move briefly dipped under support before a firm recovery. Analysts say the confirmed Spring helped set the stage for the Last Point of Support, and price then continued through the Sign of Strength zone with steady upward movement. The projection shows rising strength above the range as DOT moves toward higher zones.
Market data from CoinMarketCap lists DOT trading at $2.69 with a mild 0.25% pullback. The market cap stands at $4.41 billion, and circulating supply matches total supply at 1.63 billion DOT. Trading volume remains near $177.4 million, and the volume-to-market-cap ratio sits close to 4.01%.
Intraday Activity and Derivatives Data Show Steady Participation
According to an observation by Coinglass, derivatives markets recorded $255.85 million in daily volume after a decline from earlier levels. Open interest sits near $213.10 million, and no options activity was listed. The Long/Short ratio across all platforms reads 1.0263, showing more long activity.
Binance shows a 2.349 Long/Short ratio for DOT/USDT accounts, and OKX reports a 2.69 ratio for the same pair. Top trader data shows stronger long positioning across both exchanges. Liquidations during the 24-hour window reached $364.10K, with most activity on long exposure during intraday movements.
The structure now reflects clean transitions across all Wyckoff phases, and analysts maintain that DOT has entered its early markup phase as upward continuation forms above the breakout region.
