$UNI 💥🚨
Currently, Uniswap (UNI) is in a critical period of value restructuring, with trading prices maintaining around $5.15 - $5.30. Although short-term technical indicators are constrained by the 50-day moving average (EMA 50, $6.10) showing a fluctuating trend, significant breakthroughs in on-chain governance are becoming the core catalyst to boost market confidence.
Core logic of governance: The community is voting on a highly milestone **"UNIfication proposal"** (from December 19 to 25). This proposal plans to burn 100 million UNI tokens** (about 16% of the circulating supply) and formally activate the fee switch. This move marks UNI's transformation from a pure governance token to an asset with deflationary properties and the ability to capture protocol value. #BinanceBlockchainWeek 🎉👑🇯🇵
Technical analysis:
Support zone: Strong support is anchored in the range of $4.85 - $5.00, with the RSI indicator hovering around 40, showing a certain demand for oversold recovery. #UNIUSDT
Resistance level: The primary short-term resistance is at $5.60, with a key breakout point at $6.44 (SMA 20). If the proposal is successfully passed and the market volume increases, the medium-term target is expected to rise to $8.00.
Overall assessment: Although facing competitive pressure from L2 native DEXs (such as Aerodrome), the technical moat of Uniswap v4 and the expectation of potential token burns still provide a high degree of certainty premium in the DeFi space. Investors should closely monitor market feedback after the voting deadline on December 25.
Next steps suggestion: