Polka(DOT). Will it Survive?

DOT is a long way from its high of $55, back in 2021. And now, currently, price has been struggling to push higher. With the thought the BTC ETFs being a game changer along with the BTC halving, there was the anticipation that Crypto would sky rocket. But this hasn't been the case. With all other coins getting hit by the current environment Crypto is facing, it stands that DOT is no exception. On the daily chart, DOT price is showing a head and shoulders pattern that could spell a push lower to the $5 lvl and maybe even to the $3.50. Since the FED interest rates seem to be the catalyst for the direction of crypto price so far, any data pointing at FED officials wanting to hold rates for longer (being hawkish) will continue to put pressure on Crypto's price.

Well with this said, how is Polkadot going to survive? There is things going for it that can get it through this rough patch:

-There are around 66 interoperability Cryptos and in that sector, DOT is the #1 coin, followed by Chainlink(LINK) and Cosmos(ATOM). DOT boasts close to a $8.5 billion market cap and LINK close to a $8.4 billion market cap (not too far behind), respectively.
-Amongst all the other Cryptos out there, it sits at #14 out of 10,127.
-Staking is currently at 11.78%, which has risen from 2023 when staking was around 9%, which if held for a year would be more then what some hedge funds can make. So not too bad.
-While not as much PR as some of the more prominent coins out there, it does have PR coming out which shows that it is still relevant

What do I think? I think DOT will survive and will likely drop which would be a buying opportunity. The Crypto Market as a whole is taking a drip (sitting at around 2.37 trillion currently, hitting a high this year in March of around 2.64 Trillion, and all time high of around 2.8 trillion back in 2021) and if price does continue to drop, it may test the support around 2.33 trillion. But majority of cryptos are taking a hit and as catalyst start popping up in favor of crypto, it is likely that DOT will join in this.