Coin friends, I am the God of Wealth! Today $UNI because of the proposal voting news of 'burning 100 million coins', it's started to get restless! Many people get excited when they see the news and want to charge in, but I tell you: the hotter the news, the more calm you need to be! Charging in might not be a chance to profit, but rather to take over!
News analysis: The proposal is a 'double-edged sword'
The 'burning 100 million UNI' proposal from Uniswap is indeed a short-term positive, which may push the price up. But be careful: the proposal is still under voting, and the result is unknown! Historically, this kind of 'anticipated speculation' often leads to 'buy the news, sell the facts'—when the news comes out, there's a surge, but after the results are announced, it can plummet. On-chain data also shows that large short sellers have quietly reduced their positions by 40% to lock in profits, what does this indicate? Smart money is taking advantage of the hype to sell!
Technical truth: Strong on the outside but weak on the inside, be careful of false bullish signals.
From the one-hour candlestick chart, the MACD of UNI is golden cross above the 0 axis, looking strong. But the key signals cannot be ignored:
Volume contraction: The upward momentum is insufficient, like a 'strong bow at its end';
Heavy pressure: 5.25 is a key resistance level, and 5.4 is even stronger pressure area, making a one-time breakthrough difficult;
The capital data speaks: Although there has been a short-term inflow of contract funds, there has been a significant long-term outflow, indicating that the main force is secretly retreating during the rise! This is a typical 'pull and withdraw' tactic.
The God of Wealth shares daily insights. If this helps you, you can follow the God of Wealth to get first-hand news and entry points in the chat room!
The God of Wealth's judgment: The risk of a pullback after a rise is very high.
The God of Wealth believes that UNI will find it hard to stabilize above 5.25! The rebound limit may be in the 5.25-5.3 range, then it is likely to turn downward. If it breaks below the support at 4.98, the next target is 4.85. The logic is simple: the overall trend is still downward, and rebounds stimulated by short-term news often 'come quickly and leave even faster'!
Retail investor operation suggestions:
Absolutely do not chase highs: Approaching above 5.25 is a risk zone; it is better to miss out than to make a mistake;
Cautiously go long: If you really want to bet on a rebound, only try a small position near 4.98-5.0, with a stop loss at 4.9 and a target at 5.25. Quick in and out;
Shorting opportunity: If it rises to 5.25-5.3 and fails to break through, consider placing a short position with a stop loss above 5.4, targeting 4.98, and breaking down to 4.85.
The God of Wealth releases three waves of strategies in the chat room every day. If your position is not 5 million, please follow the God of Wealth's real-time suggestions to avoid liquidation risks. The current market is unpredictable, and each fan has different positions. Follow the God of Wealth, and get real-time updates on the entry points announced by the God of Wealth in the chat room! #美国非农数据超预期 #加密市场观察
