Dik P

A deep look at the Polkadot (DOT) weekly chart shows that the asset has reached one of the most critical points in its entire price history. From a technical analysis perspective, here’s a complete breakdown of its market cycle, major levels, and trend structure.
1. Market Structure & Cycle Overview
DOT has completed a textbook Boom-and-Bust cycle.
✔ Full Cycle Reset
Price has returned to the same level where the 2020 mega bull run began — around $1.98
This means the gains of the past 5 years have been entirely erased, bringing DOT back to “cycle ground zero.”
✔ Current Trend
The dominant structure remains bearish:
DOT broke its major long-term ascending trendline in early 2022.Since then, price has consistently traded below that line, showing persistent downward pressure.
2. Key Technical Levels
🟢 Major Support: $1.98 – $2.00 (Kiss of Life Zone)
This is the most important level on the entire chart.
Why it matters:
This is where the historic 2020 rally began.Price returning to this base suggests seller exhaustion and potential capitulation.
Expectations:
A strong bounce from this zone is very likely.But a weekly close below this region could send DOT into downside price discovery, where no strong historical support exists.
🔴 Major Resistance: $10.67 (Critical Barrier)
Price attempted to break this level repeatedly in:
202220232024
Each time, it was sharply rejected — confirming massive selling pressure.
A true bullish trend cannot begin until DOT reclaims this level with conviction.
⚠ Broken Trendline & Intermediate Resistance
The old ascending trendline (now broken) acts as strong diagonal resistance.Any bullish move is being rejected at either this trendline or horizontal zones.
Intermediate target on a bounce:
$4.50 – $5.00
3. Chart Pattern Interpretation
✔ Complete Round Trip
The fall from $55 all the way back to $2 marks a full cycle completion.
Typically, such moves are followed by a long period of accumulation and consolidation.
✔ Triple Rejection at $10
Three attempts to break above $10 failed — proving that the $10 zone contains a major supply wall.
4. Investor Scenarios & Strategy
📈 Scenario A: Bullish Reversal (Bottom Formation)
Thesis:
DOT is sitting at its strongest historical support — offering one of the best risk/reward setups in years.
Strategy:
Gradual accumulation between $1.98 – $2.10Stop-loss below $1.80
Targets:
First bounce: $4 – $5Extended move: $10+Full cycle recovery: Possibly back toward $50 ATH in a strong bull market
Current Market Price
$DOT DOTUSDT (Perp): 2.134 (-0.55%)

The markets are heating up fast after the latest CME FedWatch data flashed a massive shift:
👉 71.3% chance of a 25bps cut in December (up from 33% earlier this week)
👉 Only 8.2% of traders think the Fed will hold rates steady
This is the strongest dovish swing we’ve seen in months.
🔥 What Triggered This Sudden Shift?
💬 Fed President John Williams dropped a major hint:
“A near-term rate cut is definitely on the table.”
One sentence — and traders piled into risk assets instantly.
📉 Consumer sentiment is collapsing
The University of Michigan index hit 50.3, one of the lowest readings ever.
Weak sentiment = higher probability of a cut.
📈 How Markets Reacted
💥 Bitcoin blasted above $83K as liquidity expectations surged
💥 Ethereum reclaimed the $2,800 zone
💥 Risk assets rallied — equities, high-yield bonds, and meme-beta plays jumped
The entire market is positioning early for cheaper money.
🌊 Why This Matters for Crypto
A 25bps cut in December would mark the third easing move this year.
That means:
Lower funding costsMore liquidity flowing into risk assetsStronger upside momentum for BTC, ETH & alts
Short sellers in danger if the Fed confirms the cut
The “no-change” scenario is nearly dead — the market is already pricing in a dovish December.
📅 The Real Catalyst Ahead
🔥 FOMC Meeting: December 9–10
This is the moment everything gets locked in.
If the data holds, crypto could ignite again before the meeting even starts.
If you want daily macro + crypto updates like this,follow me and share this post — let’s ride this trend early. 🚀🔥
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