Just now, the UNI 1-hour chart suddenly soared, jumping directly from 4.8 to 5.1, with trading volume tripled—this is definitely not a retail investor's action!
The reason is simple: the Uniswap fee switch has entered the final voting stage.
From December 19 to 25, once approved, it will be activated immediately:
Directly destroying 100 million UNI (worth nearly $500 million)
v2/v3 fee collection continues to burn
Unichain fees added to the destruction queue
This is equivalent to equipping UNI with a "deflationary engine": the more it is used, the faster it is burned, and the stronger the scarcity. It is reasonable for the big players to act in advance.
But the problem arises:
The 1-hour RSI has surged to 74, clearly overbought, and a short-term pullback may occur.
If the vote passes, UNI may open a 'destruction bull market'; if not, it is likely to crash and fall back.
Chasing highs now carries considerable risk.
In such times, I pay more attention to position management—especially before high-volatility events, preserving profits and controlling risks are more important than betting on direction.
I transferred a portion of funds to @usddio.
Not because I am bearish on UNI, but to hedge against event volatility using over-collateralized stablecoins like USDD. Regardless of the voting outcome, this part of the asset remains stable in value, so I am not worried about depreciation, and it can provide ammo during pullbacks.#USDD以稳见信 At this moment, this is my 'decision buffer': it doesn't let me go all-in due to FOMO, nor does it let me withdraw everything out of panic.
On the operational side:
For those with existing positions, set a trailing stop-loss, don't be greedy;
For those wanting to enter, wait for a pullback to around 5.0 to gradually position yourself;
Consider stopping losses if it falls below 4.8, don't hold onto the position.
This wave of UNI is not just short-term speculation, but a reconstruction of the value model. But remember: no matter how good the narrative is, it requires calm execution to match.
Finding certainty in uncertainty, and preserving principal in volatility—this is the core of long-term survival.
