$UNI This wave, went from 6 bucks to 8.8, in less than a day.
Right now, based on the big holders’ long/short ratio by position size, it dropped from 3.87 to 3.35; while based on the long/short ratio by account count, it surged from 1.40 to 2.24. That means retail traders are going crazy and piling in, while big holders are quietly pulling out.
The contract open interest rose by nearly 20% in a day, yet the funding rate is only 0.01%—positive, but not extremely so. In terms of active buy/sell volume, the bid side is definitely压着 the ask side and hitting it, and volume has also expanded. The traded amount is 868 million U. This rally is pushed by real money—nothing fake.
But the more it looks like this, the more I don’t dare chase it.
Since it started at 5.99, there has barely been any decent pullback. The 4-hour RSI hit 95, and the daily RSI is at 85. The moving averages look great though—MA7, MA25, MA99 are all neatly aligned in a bullish formation. The MACD had a second golden cross with expanded volume. The prettier the K-lines, the easier it is to forget the risks.
With this kind of straight-up, straight-down squeeze, you must not chase directly. Wait for it to pull back. Watch whether the 7.5–7.6 area can hold. That’s the consolidation platform before the launch. If it pulls back with reduced volume into that zone, I’ll consider opening a small position to try. Stop-loss at 7.0, and the target is around the previous high near 9.0.
#UNI
Right now, based on the big holders’ long/short ratio by position size, it dropped from 3.87 to 3.35; while based on the long/short ratio by account count, it surged from 1.40 to 2.24. That means retail traders are going crazy and piling in, while big holders are quietly pulling out.
The contract open interest rose by nearly 20% in a day, yet the funding rate is only 0.01%—positive, but not extremely so. In terms of active buy/sell volume, the bid side is definitely压着 the ask side and hitting it, and volume has also expanded. The traded amount is 868 million U. This rally is pushed by real money—nothing fake.
But the more it looks like this, the more I don’t dare chase it.
Since it started at 5.99, there has barely been any decent pullback. The 4-hour RSI hit 95, and the daily RSI is at 85. The moving averages look great though—MA7, MA25, MA99 are all neatly aligned in a bullish formation. The MACD had a second golden cross with expanded volume. The prettier the K-lines, the easier it is to forget the risks.
With this kind of straight-up, straight-down squeeze, you must not chase directly. Wait for it to pull back. Watch whether the 7.5–7.6 area can hold. That’s the consolidation platform before the launch. If it pulls back with reduced volume into that zone, I’ll consider opening a small position to try. Stop-loss at 7.0, and the target is around the previous high near 9.0.
#UNI
