UNI is up 39%—Greed Index 71—what does this landing mean?】

Honestly, I’ve been watching this UNI move for a long time.

In one week it’s up 39%. Seven days ago it was still over 6 yuan, and now it’s clearly about to touch 9 yuan. Fear & Greed Index at 71, in the Greed range, with the weekly average at only 60. Multiple indicators are pointing to the same thing: market sentiment is heating up.

But what really concerns me isn’t the rise itself.

I’ve followed that resistance level at 9.14 too many times. Every time price reaches this area, how does short-term capital move? Some people want to lock in profits, others want to chase higher. Trading volume will expand, and volatility will intensify. If you’re in there using high-leverage, the worst thing isn’t being wrong about direction—it’s getting swept out by a volatility shakeout.

A lot of people see the percentage gain and get excited, thinking, “This time is different.” I’ve been through three bull-bear cycles. I can tell you: every time you think, “This time is different,” and every time it turns out to be the same.

So what does this landing mean?

For short-term traders, the highest-consolidation range is where it’s easiest to lose money. If you chase in or open larger leverage, you could get thrown off the bus at any moment. Whether the DeFi sector can hold up this surge still mainly depends on whether real on-chain activity is picking up. Without fundamental support, any rise ultimately ends with someone else taking the bag.

Have you thought about this: if your current position, UNI retraces to the 8.29 support, can your account withstand it? Have you set up any hedging?

Let me know in the comments—how are you planning to respond to this wave?