UNI caught our eye on the trending list: $7.47, +6.7% over 24h, ranked #22 by market cap—outperforming $BTC by quite a bit 🐱
📊 Data: Fear & Greed Index at 34 (Fear). The broader market hasn’t recovered yet, but the DeFi blue chips trending are gaining, with AAVE up 3.7% as well.
🔍 Meow Bro’s take: In a weak market, funds are taking shelter in established DeFi leaders. That suggests some investors are looking for assets with “revenue and a strong narrative,” rather than chasing small-cap coins.
👉 Key levels to watch: $7 is the short-term bull-bear dividing line. Hold above it and $8 is in sight; drop back below $7 and it may just be a brief spike.
Do you think DeFi blue chips will strengthen before the broader market? Let’s talk in the comments 👇
#UNI #DeFi #On-chainData
Personal opinion only; not investment advice.
📊 Data: Fear & Greed Index at 34 (Fear). The broader market hasn’t recovered yet, but the DeFi blue chips trending are gaining, with AAVE up 3.7% as well.
🔍 Meow Bro’s take: In a weak market, funds are taking shelter in established DeFi leaders. That suggests some investors are looking for assets with “revenue and a strong narrative,” rather than chasing small-cap coins.
👉 Key levels to watch: $7 is the short-term bull-bear dividing line. Hold above it and $8 is in sight; drop back below $7 and it may just be a brief spike.
Do you think DeFi blue chips will strengthen before the broader market? Let’s talk in the comments 👇
#UNI #DeFi #On-chainData
Personal opinion only; not investment advice.
