{"content":"Polkadot is Dead? In recent days, Polkadot investors have been watching in horror as the charts show an ominous sign: a classic descending triangle pattern, historically known for signaling massive drops. The current price action around 4.18, after failing to hold the 4.20 peak, is showing a series of lower highs and a flat support zone—a textbook recipe for a catastrophic breakdown. This setup has all the makings of a “Dead Cat Bounce”—a temporary and deceptive rebound before an even greater plunge. Bearish Signals Mount: Decreasing volume: Buyers are vanishing from the scene. No catalyst in sight: No updates or positive news for Polkadot. Sentiment shift: Traders moving their funds elsewhere, searching for safer havens. Conclusion: While some die-hard believers hold on to the dream of Polkadot’s revival, the technical indicators and the psychological mood of the market tell a different story. We’re witnessing the possible beginning of the end for Polkadot—a project once praised for its promise of blockchain interoperability. The question remains: Is Polkadot truly dead? #Polkadot #altcoins ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/03/fcde0d617d8c4b1c851b3927991f42e1.png"],"tags":[],"tradingPairs":["DOT/USDT"],"quotearticleid":0}