๐จ $DOT Is Trading Near a Historic Support Zone
Back in November 2021, Polkadot ($DOT) reached an all-time high of nearly $55. Today, it's trading around $0.81, representing a decline of more than 98% from its peak.
History shows that markets often reward patience, but only after confirmation of a trend reversal. Right now, $0.80โ$0.85 is a key support area. If buyers continue defending this zone and DOT reclaims the $4 resistance, it could mark the beginning of a stronger long-term recovery.
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โผ๏ธBitcoin and the entire crypto market continue to struggle:
Bitcoin's market cap has fallen over -50%, or ~$1.3 trillion, since its October 2025 high, to ~$1.1 trillion, with the price now hovering around $60,000.
Key on-chain indicators suggest the floor may still be lower, with CryptoQuant estimating Bitcoin's realized price at ~$53,400, roughly -10% below current levels, a model reading that has historically coincided with Bitcoin bottoms in prior bear market cycles.
Glassnode's models p...