$UNI short it! This chart clearly shows that the dogs’ kingpin is orchestrating the whole thing. The price has been smashed down by 20% from the highs; during four straight hours of bearish candles, the contract open interest still surged by 40% in a single day—adding positions in a downtrend: are retail traders really the ones getting the offload? If you get long, it’s basically handing out a year-end bonus to someone else. The whale accounts’ share is rising, but their position share is shrinking—while the big players keep calling for longs and simultaneously pulling out. Do you really still believe in the “Strong Long Quadrant”? Run with the smart money; don’t wait until a waterfall hits you in the head.
