Monitoring the market in the early hours, UNI has once again become the focus. The current price is around $5.780000. According to the RSI indicator, the value of 52.6 shows that the bulls are in control, but the momentum is not particularly strong. The overall situation is like a state of readiness.

Technically, the support level is at $5.548800, resistance is at $6.011200, with a key breakout level at $5.924500 in between. Once the price breaks above this level, there could be a more obvious upward trend. Conversely, if this support is broken, caution should be exercised in the short term.

From a fundamental perspective, the Uniswap ecosystem has been very active recently, with various projects and collaborations progressing. The project team has also been busy, with continuous technical iterations. This level of ecosystem activity can indeed provide some support for UNI's long-term trend. However, at this price point, it’s better to wait for clearer breakout signals before making decisions.

My personal view is: first observe the market reaction, and if a breakout signal is confirmed, consider entering. But position control is crucial, as this round of market volatility is quite significant. Don’t get carried away by the market rhythm. Staying up late to monitor the market is tiring, so remember to take care of your health.

Investment decisions vary from person to person and should be made based on a comprehensive assessment of your risk tolerance.