Recently, the gains in BTC and ETH have indeed been eye-catching, but there is a key timing point behind this market movement—this Friday's non-farm payroll data release. Such major economic data often disrupts the market, especially when interest rate cut expectations are impacted, with risk assets bearing the brunt.

Taking UNI as an example, the recent surge looks fierce, but there is more to the story from a capital perspective. Every time the price spikes, it encounters suppression from the short-sellers. This back-and-forth friction usually hints at two possibilities: one is genuine accumulation and readiness for a move, and the other is a trap to lure more buyers. Think of it this way: the main players need to close these short positions, which requires enough retail long positions to provide liquidity. This liquidity is often only fully released when the price declines.

So don’t be fooled by the current rally. The explosive data this week will be released on Friday, which will be the real turning point. The current UNI price is very likely the top zone of this wave. Manage your risks carefully and stay observant.