UNI has rebounded! Is it really taking off, or just another dead cat bounce?

Uniswap (UNI) has plummeted since the beginning of the year, but has finally picked up in the last three weeks, currently with a market cap (FDV) of about 5.8 billion USD, a 24-hour trading volume of 232 million, and a 7-day increase of over 12%, now priced at 5.87 USD.

Looking at the details, the rebound is not without reason:

Futures OI surged 9% in the past 24 hours, reaching 247 million USD;

The daily RSI has crossed above 50 for the first time since 2025;

The MACD histogram has been rising, and the fast line is about to turn positive!

Interestingly, UNI just broke through a descending wedge; when ETH surged to 1.8K, UNI also took off. If ETH can touch 2000 USD in the next few days, UNI theoretically has the potential to double.

Of course, if market sentiment reverses, stop-loss reference is around 4.95 USD, don’t just hold on.

On the fundamental side, UNI's large trading volume exploded to 300 million USD in a week, and only 22% of holders are in profit, indicating significant room for upward adjustment.

Let’s not forget, in the beautiful country (the USA), Donald Trump has a friendly attitude towards crypto, and the SEC has eased up, so Uniswap finally has no regulatory worries. TVL has already broken 3.8 billion USD, with daily trading volume exceeding 1.67 billion, and once it ignites, the next peak may come quickly.