UNI is green, but the setup is bigger than one candle
The daily take
UNI is green, but the setup is bigger than one candle.
Fear and Greed cooled to 63, but it is still Greed, bestie. BTC is down 1.46%, ETH is down 1.98%, and SOL is down 2.93%. So no, this is not a full market victory lap.
The clean relative-strength receipt is UNI. It is up 11.6% in 24 hours, up 36.7% this week, and doing it on $0.916B volume. At the same time, RAM and ARB are on the trend board, CoinDesk tied ARB strength to Robinhood crypto-network revenue, and Decrypt says Robinhood Chain DEX volume jumped to $1.6B.
Mija, that is a watchlist signal. DEX and app-chain rails are getting attention while the majors look tired. Medium-high read, partial X caveat because the saved social payload is clipped.
Follow for the next clean setup.
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