$UNI I laughed to death, I thought there would be a violent rebound to infer that the previous weak hands were for washing the market, but as it turns out, Bitcoin rebounded while UNI performed so poorly. It can be seen that what you thought was market washing was actually the market maker already offloading early, instantly digesting the good news and endlessly following Bitcoin. An independent market situation is impossible. Therefore, it can be inferred that on-chain voting is basically in this state as well. The explosion of UNI may require a full launch of DeFi.
CoinVoice has recently learned that, according to Arkham data, at 07:31, 843,400 UNI (worth approximately 5,018,500 USD) was transferred from Wintermute to Binance. [Original link]
$UNI There are three things you can do: 1. Hold onto spot for a long time, endure deflation for a few years. 2. Pay attention to Bitcoin, cut losses and hand over your chips, and come back in when the trend returns. 3. Exit decisively during rebounds, because there are currently too many people stuck, and a rebound is unlikely to reverse. Therefore, it's very difficult to recover losses in a bear market, as there are more drops than rises, and the principal keeps decreasing.
$UNI The cost switch is just a positive sign, but the fact is that the market has no money, which is reflected in whether Bitcoin can stabilize. If Bitcoin reaches 60,000 or 70,000, the big players will crush UNI to 2 to 3. Don't you think the big players are not afraid of the weight of the car getting heavier? The answer is they are not afraid, because everyone is trapped, where will the funds come from to bottom out? This is a bear market. The big players have plenty of USDT in hand and can buy back at any time.