What if the 24-hour drop hides a bigger story?
$UNI is sitting at $3.93, and the 24-hour chart shows a sharp decline - but the 30-day trend is still up by around 25%.
That’s a classic case of short-term pain masking a longer-term push.
The price is down sharply in the short term, but its 30-day trend remains firmly in the green.
That’s a signal - maybe the market is testing support, or leverage is bleeding out.
Either way, the 30-day trend isn’t fading easily.
CoinDesk reported earlier this week that BlackRock is expanding tokenized cash with new blockchain-based money market offerings, aiming to qualify as eligible reserve assets under the GENIUS Act.
While this isn’t directly tied to UNI, it hints at a broader shift in how stablecoin reserves might evolve - and Uniswap, as a major DEX, could be positioned to benefit.
Is this a temporary pullback or the start of a broader shift? Spot bid or leverage push - which do you see?
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Not financial advice. DYOR.
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