Uniswap is bleeding in the short term, but has a long-term narrative: Bitcoin fell below $77,000 and ETH below $2,230, while UNI failed to show any outperformance. But after the Binance hot wallet incident, Standard Chartered analysts explicitly said it could “accelerate the shift to DEXs and benefit UNI,” and the $100 target for 2030 may be too low.
Key levels:
-Support: 6.8 (psychological) / 6.5 / 6.2
-Resistance: 7.31 (previous close) / 7.6 / 8.0
-Structure: Price is below the short-term EMA; UNI/ETH not making new lows = DeFi is relatively resilient
-Catalyst: CEX trust crisis → self-custody and DEX trading volumes could benefit in the medium to long term, but first UNI has to weather short-term liquidations
Many people look at UNI only through UNI/USDT and assume that after a big drop, a rebound is inevitable. You should look at both UNI/BTC and UNI/ETH. For a fuller picture, check the latest crypto prices on BiyaPay, invest in global assets with USDT, and buy products like US and Hong Kong stocks and forex. Add UNI, ETH, AAVE, and SOL to your watchlist to compare side by side which stabilizes first: DeFi or L1s.
Strategy:
-If holding: Don’t sell everything unless 6.8 breaks; reduce your position if it closes below 6.5
-If out of the market: Take a small position at 6.8–7.0, with a stop-loss at 6.78
-Bulls: If it reclaims 7.31 on the 4-hour chart and volume returns, watch 7.6
-Avoid: Chasing at 7.2 or panic-selling at 6.9
For the medium-term outlook on UNI, watch DEX trading volumes and the fee switch; for today, focus on surviving—the narrative can be priced in later. #BiyaPay #Crypto leveraged positions: $1.5 billion liquidated in 24 hours
Key levels:
-Support: 6.8 (psychological) / 6.5 / 6.2
-Resistance: 7.31 (previous close) / 7.6 / 8.0
-Structure: Price is below the short-term EMA; UNI/ETH not making new lows = DeFi is relatively resilient
-Catalyst: CEX trust crisis → self-custody and DEX trading volumes could benefit in the medium to long term, but first UNI has to weather short-term liquidations
Many people look at UNI only through UNI/USDT and assume that after a big drop, a rebound is inevitable. You should look at both UNI/BTC and UNI/ETH. For a fuller picture, check the latest crypto prices on BiyaPay, invest in global assets with USDT, and buy products like US and Hong Kong stocks and forex. Add UNI, ETH, AAVE, and SOL to your watchlist to compare side by side which stabilizes first: DeFi or L1s.
Strategy:
-If holding: Don’t sell everything unless 6.8 breaks; reduce your position if it closes below 6.5
-If out of the market: Take a small position at 6.8–7.0, with a stop-loss at 6.78
-Bulls: If it reclaims 7.31 on the 4-hour chart and volume returns, watch 7.6
-Avoid: Chasing at 7.2 or panic-selling at 6.9
For the medium-term outlook on UNI, watch DEX trading volumes and the fee switch; for today, focus on surviving—the narrative can be priced in later. #BiyaPay #Crypto leveraged positions: $1.5 billion liquidated in 24 hours
