$UNI Why is this round of the bull market so weak!?
Overall, it is caused by range adjustments and concentrated profit-taking selling pressure.
With a high increase in the earlier stage, often not as strong as mainstream coins in the initial market recovery,
resulting in short-term profit-taking or rotational selling pressure.
On-chain data shows that some institutions and whale accounts have a significant reduction in positions at the 9.5-9.0 level, triggering retail investors to follow suit and sell.
This kind of behavior also aligns with the rhythm of altcoin stage rotation. UNI has recently fallen sideways, not following Ethereum, and market makers are accumulating at this position, expecting new entry opportunities soon, waiting for the second major rally.
At the current position, spot trading can be done in batches, looking forward to my short to medium-term outlook!!!
