🔥 $UNI — Bull market rule: you can be bearish, but don’t fight the trend with a short.
I tried it. Stopped out. Lesson learned.
And the latest Robinhood Chain data makes the squeeze easier to understand. Robinhood Chain has become a major DEX venue, with Uniswap accounting for a large share of activity; CoinDesk Research recently estimated Uniswap at roughly 77% of the chain’s DEX volume.
The ecosystem has also been printing serious activity: Robinhood Chain recently recorded about $12.4B in weekly DEX volume, while Pons — built using Uniswap v4 infrastructure — helped drive a surge in trading and fees.
That matters for UNI because governance has already moved toward routing additional protocol fees from v4 and Robinhood Chain into the UNI burn mechanism.
So for now:
Volume expanding → Uniswap usage rising → UNI burn narrative strengthening.
I’m done trying to short strength.
In a bull market, sometimes the smartest trade is simply not standing in front of the train. 😂
$ZEC $AKE
#EthereumSurpasses$2700 #CanaryFilesSecondAmendmentForStakedSEIETF #SaylorHintsStrategyBitcoinBuy #BOJRaisesRatesTo31YearHigh #XRPExchangeReservesHitSevenYearLow
I tried it. Stopped out. Lesson learned.
And the latest Robinhood Chain data makes the squeeze easier to understand. Robinhood Chain has become a major DEX venue, with Uniswap accounting for a large share of activity; CoinDesk Research recently estimated Uniswap at roughly 77% of the chain’s DEX volume.
The ecosystem has also been printing serious activity: Robinhood Chain recently recorded about $12.4B in weekly DEX volume, while Pons — built using Uniswap v4 infrastructure — helped drive a surge in trading and fees.
That matters for UNI because governance has already moved toward routing additional protocol fees from v4 and Robinhood Chain into the UNI burn mechanism.
So for now:
Volume expanding → Uniswap usage rising → UNI burn narrative strengthening.
I’m done trying to short strength.
In a bull market, sometimes the smartest trade is simply not standing in front of the train. 😂
$ZEC $AKE
#EthereumSurpasses$2700 #CanaryFilesSecondAmendmentForStakedSEIETF #SaylorHintsStrategyBitcoinBuy #BOJRaisesRatesTo31YearHigh #XRPExchangeReservesHitSevenYearLow