#大户持仓动态 $UNI Technical Analysis and On-Chain Trends Tracking 20251218

Recently, UNI has been quite volatile, and many are discussing the token burn proposal from a major DEX. The price rebounded from $4.876 to $5.274, an 8.1% increase. While there is some short-term momentum, the overall picture isn't entirely smooth sailing.

Let's start with the positives. If the UNIfication proposal passes, it plans to burn 100 million UNI tokens and enable fee switches for v2/v3 — this is a positive signal for token holders, as it links protocol revenue with token value. The MACD has already shown a bullish crossover, the histogram has turned positive, and the short-term EMA is trending upward.

Most interestingly, a major exchange recently included UNI in a dual-token investment product, which reportedly pushed the price up by 10%. Meanwhile, on-chain data shows significant smart money quietly accumulating, and exchange outflows are substantial, indicating some entities are building positions.

However, there are some concerns. The 6-period and 12-period RSI are at 77.17 and 68.09 respectively, both in overbought territory — this suggests the rebound may not have much further to go, and short-term correction risks exist. More worryingly, the price is still below the long-term EMA99, which acts as a significant resistance. Additionally, the price has approached the upper Bollinger Band, and the pattern resembles a temporary peak.

A key point to watch is the large inflow of UNI into exchanges over the past two days — 714,400 tokens (about $3.52 million) plus the previous 1 million tokens (about $5.65 million). This often signals whales preparing to sell. Such actions by large holders tend to create selling pressure.

Community opinions on this proposal are polarized. Some are optimistic about the long-term effects of the burn mechanism and fee switches, while others feel the rebound is too rapid and advise caution. This divergence reflects the market's ongoing debate about whether this price level is a buying opportunity or a risk zone.

Overall, UNI is at a crossroads: from a tokenomics and institutional interest perspective, fundamentals are supported; but from a technical and whale activity standpoint, short-term corrections may be imminent.