$UNI Empty Empty Empty 📉
UNI surged then continuously pulled back, breaking below the BOLL middle band, with the KDJ showing a death cross and diverging downward. Trading volume continues to shrink, and the bulls have no resistance, with short-term bears dominating. The price is likely to continue testing lows.
Uniswap protocol trading volume remains sluggish, on-chain activity is significantly lower than before. Funds have shifted to hot spots, and with no one to defend the market, prices naturally keep falling.
Technical analysis on the 4-hour chart: The BOLL middle band has been broken, th