Many people reflexively buy the dip as soon as they see the Fear and Greed Index fall to 29, but overlook the fact that Bitcoin's direction is the lifeline of altcoins. BTC is currently trading sideways with weakness, market sentiment is in the fear zone, and funds are clearly leaning defensive. In this environment, rallies in individual coins often lack staying power. $UNI Current price: 6.856, down 1.99% over 24h. MA5 has crossed below MA20, and the short-term moving average structure is bearish; RSI is just 48, indicating insufficient rebound momentum. Although the MACD histogram has turned positive, giving a weak bullish signal, the Bollinger middle band around 6.85 is the current battleground, with price repeatedly hovering around it and direction still unclear. The funding rate of +0.0100% shows that bulls are still paying to hold positions; if the broader market continues to weaken, these bulls could be forced to close their positions, creating pressure. Overall, with fear sentiment compounded by BTC's drag, UNI is more likely to retest the lower band before any rebound. The trading bias is bearish: consider entering in the 6.85–6.90 range (near the MA20 and Bollinger middle-band resistance); take-profit 1 at 6.70 (above the Bollinger lower band at 6.644); take-profit 2 at 6.60 (an extension of the previous low support); set the stop-loss at 7.00 (below the Bollinger upper band at 7.059; a breakout would invalidate the bearish thesis). Also keep an eye on $DASH and $PEPE: their MACD and moving average structures are relatively strong, especially DASH, whose bullish alignment is clearer, making it a useful comparison for gauging sector strength.

(Personal opinion only, for reference; this does not constitute investment advice. Contract trading involves extremely high risk, so strictly control your position size.)

[Data]
Coin: UNIUSDT
Direction: Short
Entry: 6.85-6.90
Take-profit 1: 6.70
Take-profit 2: 6.60
Stop-loss: 7.00