UNI's V4 upgrade is the fuel, whale accumulation is the spark, and the battle for $8 has reached a critical point!
News: There are many positive factors, but beware of short-term selling pressure
Core upgrades: Uniswap V4 was launched in early June, adding new features such as "Hooks" smart contracts and dynamic fees, which greatly improved capital efficiency and developer flexibility. On-chain data shows that new projects based on V4 have surged, and developer activity has increased by more than 70% per month, supporting long-term ecological value.
Whales frantically buy the bottom: In early June, two whales withdrew a total of 1.06 million UNI from the exchange, and large-scale transactions increased sharply. On-chain analysts pointed out that such behavior usually indicates that institutions are optimistic about the medium-term trend, but they need to be wary of short-term profit-taking pressure.
Potential risks: The UNI stock on exchanges has recently increased by $10.2 million, and some large holders may take advantage of the upgrade to sell. At the same time, the Bancor patent lawsuit is pending, and if it worsens, it will impact market sentiment.
Technical analysis: Breakthrough is effective but needs to be confirmed by retracement
Key position competition: The current price of $7.9 is close to the 100-day moving average, and the 4-hour chart shows:
Strong support: $7.3
Breakout target: $9.2 → $10.34
Indicator signals:
MACD is above the water level but the volume is shrinking, and a top divergence appears on the 30-minute chart, indicating a short-term correction demand;
RSI is in the neutral zone of 58-65, the Bollinger Band opening is widening, and volatility is rising but not overbought.
Operation summary: defend 8 and attack, break 7 and defend
Radicals: Try to buy with a light position at the current price of 7.9, stop loss at 7.3, and increase the position to 9.2 if it breaks through 8.3;
Conservatives: If the price falls back to 7.5-7.7 and stabilizes, take delivery; if the price falls below 7.3, stop loss and wait and see;
Mid-term target: If V4 ecosystem data continues to improve, Q3 is expected to hit $13.
Whales are lying in ambush and upgrades are brewing. Is this wave of pullback a trap or a gold mine?
