UNI is now around 4.25u. This run started from 3.2, climbed all the way to 4.45, then pulled back. In a week, it’s up by roughly 30%. First the conclusion: the bias is still bullish, but I won’t chase here—wait for a pullback.
The hardest part is the money. Over the past three hours, spot net inflows have been consistently positive. Big orders are continuing to buy, and the order book shows buy walls holding and pushing past sell walls. The capital is genuinely coming in—not just being shouted.
The whales are also leaning bullish. Their accounts and positions are mostly long. The funding rate is only 0.01%—it hasn’t even started to heat up yet—so this move doesn’t look like “fake fire” built purely on leverage.
Add the fundamentals: protocol revenue is at a record high, UNI has token burning, and both sentiment on the forum and KOL positioning are on the long side. This rally isn’t without reason.
But the problem is right here: in just three days it ran nearly 30%. After tagging 4.45, it failed to hold and rolled back. Intraday volatility is very high, and futures open interest is still rising—leveraged long positions are getting a bit crowded. Chasing longs at this level isn’t great on risk-to-reward.
My plan is to wait for the pullback and see whether price can hold near the moving averages, and whether volume can keep up. Once it stabilizes, I’ll go in—much more comfortable than chasing from here.
#uni $UNI
The hardest part is the money. Over the past three hours, spot net inflows have been consistently positive. Big orders are continuing to buy, and the order book shows buy walls holding and pushing past sell walls. The capital is genuinely coming in—not just being shouted.
The whales are also leaning bullish. Their accounts and positions are mostly long. The funding rate is only 0.01%—it hasn’t even started to heat up yet—so this move doesn’t look like “fake fire” built purely on leverage.
Add the fundamentals: protocol revenue is at a record high, UNI has token burning, and both sentiment on the forum and KOL positioning are on the long side. This rally isn’t without reason.
But the problem is right here: in just three days it ran nearly 30%. After tagging 4.45, it failed to hold and rolled back. Intraday volatility is very high, and futures open interest is still rising—leveraged long positions are getting a bit crowded. Chasing longs at this level isn’t great on risk-to-reward.
My plan is to wait for the pullback and see whether price can hold near the moving averages, and whether volume can keep up. Once it stabilizes, I’ll go in—much more comfortable than chasing from here.
#uni $UNI