随着市场等待SEC对Polkadot ETF的判决，点价格下跌低于5美元

Dot是0层区块链Polkadot的本地令牌，已降至5美元以下。这种发展是在Polkadot的价格上涨30％之后的几天

Key TakeawaysDOT, the native token of layer-0 blockchain Polkadot, has dropped below $5. This development comes days after Polkadot’s price experienced a 30% increase, driving it to its highest level since Feb. 2.Interestingly, the pullback also happened as the crypto market awaits a key regulatory decision: whether the U.S. Securities and Exchange Commission (SEC) will approve, delay, or reject pending applications for a Polkadot exchange-traded fund (ETF).The SEC verdict could impact DOT’s price action outside of the technical outlook. As the decision nears, here is what could be next for the altcoin.DOT Rally Eases After BreakoutAccording to the daily chart, Polkadot’s price surged to $5.30 after the cryptocurrency broke out of a falling wedge. The falling wedge is a bullish pattern characterized by two downward trendlines. The upper trendline represents resistance as the price hits lower highs. The lower trendline, on the other hand, shows lower lows, indicating support.Image: Polkadot price chart by TradingView

Key ThakeAweyDot是0层的区块链Polkadot的本地令牌，已降至5美元以下。这一发展发生在Polkadot的价格上涨30％之后的几天，将其提高到2月2日以来。2。截然不同的是，由于加密货币市场等待关键的监管决定：美国证券和交易委员会（SEC）（SEC）是否会批准，延迟，延迟或拒绝Polkadot交换资金的申请申请（ETF）。随着决定的临近，这是Altcoin的下一个下一步可能会在分解到每日图表后放松的事情，Polkadot的价格飙升至5.30美元，在加密货币从掉落的楔子中脱颖而出。掉落的楔形是一种看涨的模式，其特征是两个下降趋势线。当价格降低高点时，上层趋势线代表电阻。另一方面，较低的趋势线显示较低的低点，表示支持。图片：Polkadot价格图表

For DOT, the breakout happened as the trendlines narrowed and buying pressure increased, as shown by the Chaikin Money Flow (CMF). However, Polkadot’s price has since slipped to $4.82, due to the strong resistance near $5.30. The recent decline in the CMF reading indicates that accumulation is fading, contributing to the pullback. From this position, DOT’s price may continue to slide, with a risk of breaching the key support level at $4.45.Polkdot ETF Verdict Could Impact DOT PriceThe technical outlook for DOT is bearish as the cryptocurrency trades below the 200-day moving average. Moreover, the RSI has dropped below the neutral point, suggesting that there is more room for the bears to push the price lower.If the cryptocurrency continues to fall, it could find support at the 50-day moving average. A bounce from this level could set the stage for a rally towards the 200-day moving average.

对于DOT而言，突破发生了，随着趋势线的缩小和购买压力的增加，Chaikin货币流量（CMF）表明。但是，由于强大的抵抗力接近5.30美元，Polkadot的价格已下跌至4.82美元。 CMF读数最近的下降表明，积累正在逐渐消失，导致了回调。从这个职位上看，DOT的价格可能会继续下跌，有可能以4.45美元的价格违反关键支持水平。PolkdotETF判决可能会影响DOT的DOT技术前景DOT是看跌的，因为加密货币交易低于200天移动平均线。此外，RSI已下降到中性点以下，这表明熊有更多的余地可以推动价格降低。如果加密货币继续下降，则可以在50天移动平均线下找到支持。从这个级别的反弹可能会为200天移动平均线的集会奠定基础。

If the SEC decides to approve the Polkadot ETF applications, it could have a significant impact on DOT’s price action.

如果SEC决定批准Polkadot ETF应用程序，则可能会对DOT的价格行动产生重大影响。

The crypto's price is currently facing resistance at the 50% Fibonacci retracement level from the March 2022 low to the January 2023 high. If the ETF applications are approved, it could help to drive DOT’s price through this resistance level, opening the way for further gains.

该加密货币的价格目前正面临着从2022年3月至2023年1月高的斐波那契回撤水平的50％反回试。如果批准了ETF应用程序，则可以帮助将DOT的价格通过此阻力水平提高，从而为进一步的收益开辟了道路。

However, if the SEC decides to delay or reject the applications, it could add to the downward pressure on DOT’s price.

但是，如果SEC决定延迟或拒绝申请，则可能会增加DOT价格的下降压力。

This decision is becoming increasingly urgent as it is due very soon.

由于很快到期，该决定就变得越来越紧迫。

Earlier this year, asset manager Grayscale filed an application for a spot Polkadot ETF, with the SEC’s decision now expected on June 11.

今年早些时候，资产经理Grayscale向现场Polkadot ETF提出了申请，该公司现已预计在6月11日的决定。

Similarly, 21Shares is also applying for a Polkadot ETF, with the SEC’s verdict on this application anticipated by June 24.

同样，21shares也申请了Polkadot ETF，SEC对6月24日的申请的判决。

Despite the pending applications and the broader market recovery, Paymon Mohsin, crypto derivatives market analyst at Capital.com, remains skeptical about the chances of approval for these ETFs.

尽管待定应用程序和更广泛的市场回收率，但Capital.com上加密衍生品市场分析师Paymon Mohsin仍然对这些ETF的认可机会持怀疑态度。

"Despite the pending applications and the broader crypto market recovery in 2024, I wouldn't get our hopes up for an early approval. Chances are the SEC will prefer to delay the decision or reject the applications," he told Capital.com.

他告诉Capital.com：“尽管有待处理的申请和2024年更广泛的加密货币市场恢复，但我不会希望早日批准。

His skepticism stems from the SEC’s recent actions, which have seen the regulator postpone rulings on Solana (SOL) and Litecoin (LTC) ETF applications.

他的怀疑源于美国证券交易委员会（SEC）最近的行动，后者看到了监管机构对Solana（Sol）（Sol）和Litecoin（LTC）ETF应用的裁决。

These applications were initially set to be decided by March 15 but have since been pushed back to June.

这些申请最初定于3月15日决定，但此后已被推回6月。

Moreover, Mohsin pointed out that the SEC has yet to approve any crypto ETFs, despite receiving numerous applications over the past few years.

此外，Mohsin指出，尽管在过去几年中收到了许多申请，但SEC尚未批准任何加密ETF。

The SEC has faced significant pressure to approve crypto ETFs, particularly after the agency approved the first iShares Short Treasury Bond ETF in 2007, kicking off a massive ETF boom.

SEC面临着批准加密ETF的巨大压力，尤其是在该机构批准了2007年第一批ISHARES短款债券ETF之后，开始了巨大的ETF繁荣。

Since then, the SEC has approved over 2,000 ETFs, but no crypto ETFs despite receiving the first Bitcoin ETF application in 2015.

从那时起，SEC已批准了2,000多个ETF，但是尽管在2015年收到了第一个比特币ETF应用程序，但没有加密ETF。

As the SEC’s verdict on the Polkadot ETF applications draws near, it could have a notable impact on DOT’s price action.

随着SEC对Polkadot ETF应用程序的判决临近，这可能会对DOT的价格行动产生显着影响。

If the applications are approved, it could lead to a surge in demand for DOT, which in turn could propel the crypto's price higher.

如果批准了申请，则可能导致对DOT的需求激增，进而可以推动加密货币的价格更高。

Conversely, if the SEC decides to delay or reject the applications, it could add to the downward pressure on DOT’s price.

相反，如果SEC决定延迟或拒绝申请，则可能会增加DOT价格的下降压力。

From a technical analysis perspective, DOT’s price has pulled back from the recent breakout of the falling wedge, which had seen the cryptocurrency rally to $5.30.

从技术分析的角度来看，DOT的价格从最近的Falling Wedge的突破中撤回，该楔形的趋势已将加密货币集会升至5.30美元。

The breakout occurred as the trendlines of the wedge converged and the Chaikin Money Flow (CMF) showed

突破是随着楔形的趋势线融合而发生的，Chaikin货币流（CMF）显示