Brothers, the UNI four-hour chart reveals a 'decapitation'! The MACD has a death cross opening above the zero axis, and the green bars are turning into red bars with increased volume — this is not a technical correction; it is a clear signal of collective profit-taking! I am Eagle Brother, and I will say directly: when good news is exhausted, it becomes bad news; if it doesn't break 6.44, the bear army will arrive!
In-depth interpretation of news:
On-chain data shows that a certain whale accumulated 1.68 million UNI at a low price before the UNI proposal was passed, with a cost of only $5.2, and has now made a floating profit of $1.37 million. This seems favorable, but in reality, it hides dangers: the whale has made significant profits during the rise and may dump and cash out at any time! After the proposal passes, the good news will land, lacking follow-up catalysts, so funds are likely to 'buy the expectation and sell the fact.' The current price is around $6.5, which is exactly where the whale has substantial floating profits, and selling pressure is imminent.
Technical breakdown:
Trend structure: The four-hour chart has broken the ascending channel, presenting a weakening structure of 'high points moving down, low points breaking'.
Key positions to watch:
Resistance area: 7.070 (strong resistance on retracement), 6.440 (day's bullish-bearish boundary), any rebound below 6.44 is a lure for bulls.
Support area: 5.874 (key level; if broken, it turns bearish), 5.347 (day's support), 4.841 (target for this round of decline).
Indicator resonance signal:
MACD: The dead cross above the 0 axis is established, with the red bars expanding, indicating that bullish momentum is weakening, and bears are starting to exert force.
Volume-price relationship: After a surge in volume and prices, a subsequent surge in volume and decline occurs, which is a typical 'selling volume structure'.
Bull-bear balance: The 'bull-bear balance' marked in the chart has been broken, indicating that bears have gained stage control.
Eagle's personal opinion:
I believe UNI is very likely to continue to drop tonight, with the first target at 5.347 and the second target at 4.841. The technical dead cross + whale profits are substantial + favorable news is exhausted, with triple pressure combined, the rebound strength is limited. 6.440 will become a strong resistance level, and it is difficult to break through 7.070. Retail investors should not be misled by short-term rebounds; the trend has turned bearish.
Urgent advice for retail investors:
For those holding high positions in long: Be decisive in reducing positions or exiting when rebounding to the 6.30-6.44 area, and must stop loss if it breaks below 5.874.
For those holding no positions: Prioritize shorting on the rebound, laying out short positions in batches in the 6.30-6.44 range, and ensure a stop loss at 6.50.
Bottom fishers: Never chase shorts! Patiently wait for stabilization signals near 5.347, or consider lightly entering long near 4.841.
Mindset warning: In a downtrend, a rebound is not a reversal; keeping your bullets will allow you to seize the next real market movement.
Operational ideas (range reference):
Short entry: Layout in the 6.30-6.44 area, stop loss at 6.55, target 5.87-5.35.
Long position speculation: Lightly test long near 5.347, stop loss at 5.20; those who are more cautious should wait to consider near 4.84.
(For specific entry timing, position management, and dynamic stop-loss strategies, pay attention to Eagle Xin for real-time reminders during trading!)
Final touch:
UNI has entered the technical decline phase after 'favorable news has been realized', and the whale profit is a sword hanging over our heads. Remember: in a clearly bearish structure, every rebound provides you with a better short position. Pay attention to Eagle Xin, and let's navigate the volatility with a calm strategy, waiting for the opportunity after the next round of bottoming!#ETH走势分析
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