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Recently, the market trend of the UNI token has shown a rapid reversal, significantly influenced by the price movement of Ethereum. Currently, UNI is facing a key resistance level at $10.12, and a pullback may occur in the short term. Analysis predicts that the price may drop below $9.53.
It is worth noting that during the night, UNI broke through the $9.5 mark, demonstrating strong performance at the important support level of $8.7. From a monthly cycle perspective, the market may have bottomed out, but caution is still needed with $8.05 as a defensive line against unexpected downturns.
Despite the recent market decline triggering panic, this may overlook the correct assessment of the long-term bullish trend. Therefore, investors should maintain a bullish mindset. For the spot market, it is recommended to build positions moderately when the UNI price retraces; while in the futures market, it may be considered to keep the bullish position unchanged during the pullback.
Overall, although UNI may face oscillation adjustments in the short term, there is still upward potential in the market in the long run. Investors need to balance short-term risks with long-term opportunities and develop reasonable trading strategies.