Uniswap has been in a consolidation phase since June 2022, this phase preceded by a bearish cycle.
Bearish cycle > consolidation > bullish cycle.
Bullish cycle > distribution > bearish cycle.
That is it, looks pretty simple to me.
✔️ Traders can buy and hold. ✔️ Trolls can comment with insults and complain. ✔️ Bears can continue in denial. ✔️ Bulls can enjoy the profits from the upcoming bullish wave.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.