The #UNI Ethereum price has been showing strong consistent gains at a large scale. The daily chart today shows no signs of a decline at yesterday's subtle level, further strengthening the trend continuation.
Ether has broken through its two-year high and is likely to first head towards 4370-4400, oscillating and potentially breaking through the previous high of 4870.
Ether is in a volatile market, so don't rush to short altcoins. If the broader trend is strong, altcoins will follow suit. As Ethereum oscillates, Bitcoin could continue to break through 120,000, driving altcoins higher.
At this time, altcoins must not rush to short, feeling like they've missed out. Shorting is not something you should do.
Also, don't be tempted to chase other rising coins. You're likely to fall as soon as you chase them, and you won't be able to hold on to them because you weren't bullish on them in the first place. Hold on to what you're familiar with or what's profitable for you.
$UNI is still before a breakout, so stay long and don't short. The trend is very strong, and it could break through 11.8 tomorrow.
Hold on to spot position $UNI , waiting for a breakout and a doubling of the value.