Uniswap (UNI) fell 11.08% over 24 hours, moving toward $9.43 as last week’s rally gave way to a broader crypto market pullback. The total market capitalization declined 2.67%, and Bitcoin fell 2.6% over the same period. The reversal followed UNI’s sharp rise, leaving recent buyers exposed to profit-taking. The Fear and Greed Index retreated from 81 to 73, while UNI’s 24-hour spot volume fell 19.3% to $1.73 billion. Despite the correction, Uniswap’s exchange reserve fell 10.65% to around $1.05 billion, and spot taker CVD remained buyer-dominant. Top traders on Binance maintained a strong long bias, with a long/short ratio of 2.07.
Uniswap (UNI) fell 11.08% over 24 hours as last week’s rally gave way to a broader crypto market pullback. UNI moved toward $9.43, while the total crypto market capitalization declined 2.67%. Bitcoin also fell 2.6% over the same period. The reversal followed UNI’s sharp rise the previous week, leaving recent buyers exposed to profit-taking. Meanwhile, the Fear and Greed Index retreated from 81 to 73. Trading cooled too, with UNI’s 24-hour spot volume falling 19.3% to $1.73 billion.
Despite the correction, Uniswap’s exchange reserve fell 10.65% to around $1.05 billion over 24 hours, according to CryptoQuant. That meant the dollar value of UNI held in tracked exchange wallets declined, though UNI’s falling price could also have contributed to the lower reading. The Spot Taker CVD remained buyer-dominant, suggesting aggressive spot buyers continued to meet selling pressure. The positioning among Binance top traders remained heavily tilted toward longs despite the double-digit correction. Long accounts accounted for 67.44% of top traders, while short accounts represented 32.56%, resulting in a long/short ratio of 2.07, as CoinGlass-tracked data shows.
Larger market participants preserved their long bias as UNI corrected from the previous week’s sharp rise. This positioning aligned with the buyer-dominant Spot Taker CVD and the exchange reserve decline. On the 24-hour chart, UNI’s retreat followed a liquidity grab above the $10.23 level. UNI pushed toward the crucial support area surrounding the $9.01 price level. The DMI indicator remained strongly bullish, with the +DI signal reaching 40.12 against -DI at 4.32. The ADX indicator stood at 60.55, reinforcing strong directional strength behind the broader trend structure. Preserving the $9.01 support could allow UNI to stabilize before attempting another move toward the $10.23 resistance.
