$UNI is the governance token of the Uniswap protocol. Uniswap is the core DEX protocol in the Ethereum ecosystem, and it is the center of liquidity and activity in nearly every bull market. Simply put, UNI is the 'blue chip' of the entire decentralized trading sector.
As one of the core assets in the Ethereum ecosystem, its price action and on-chain data are releasing signals that are worth paying attention to.
The current trend is gradually breaking free from a long period of sideways pressure, with bottom volume starting to release and capital inflow significantly increasing. This indicates that the main players are deeply absorbing low-position chips.
The daily chart has formed a clear trend reversal pattern. After effectively breaking through previous highs, there was no rapid pullback, but instead, a consolidation phase, which often serves as a precursor to a stable upward movement.
Therefore, Yao Ge suggests that long-term holders can prepare to ambush in advance, while short-term traders can call Yao Ge for specific profit-taking and stop-loss notifications. Stay tuned!!!
