Technical (Fractal) Outlook:
From a fractal perspective, we can see that this scenario tends to repeat itself each time — but with one key difference: this time, we might witness a higher high. It's important to be prepared for potentially higher targets.
Fundamental View:
The recent 24.8% surge in UNI’s price was triggered by comments from Paul Atkins, the current SEC chairman, proposing a relaxation of regulatory requirements for DeFi projects in the U.S. This marks a major shift in sentiment and could open the door for increased institutional participation in decentralized finance.
From a fractal perspective, we can see that this scenario tends to repeat itself each time — but with one key difference: this time, we might witness a higher high. It's important to be prepared for potentially higher targets.
Fundamental View:
The recent 24.8% surge in UNI’s price was triggered by comments from Paul Atkins, the current SEC chairman, proposing a relaxation of regulatory requirements for DeFi projects in the U.S. This marks a major shift in sentiment and could open the door for increased institutional participation in decentralized finance.
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Disclaimer
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.