UNI plunged today, posting the steepest drop among the top 30 coins. It fell more than 12% in 24 hours, sliding from an intraday high of $5.87 to $4.90. Its total loss over the past 7 days is 27%, leaving it with a market cap of just around $3.1 billion. There’s no specific negative catalyst—it’s a market-wide sell-off, and even a DeFi leader can’t hold up. The Fear Index has dropped to 13, and the screens are awash with panic selling. In this market, shorting or buying the dip is like playing with fire. First, let’s see whether it can hold above $5. $UNI #Uniswap #DeFi