After receiving the Wells notice from the SEC, and under the superposition of the escalation of the Israeli-Iranian conflict over the weekend, the crypto market generally collapsed, and UNI experienced a continuous plunge. In the past week, UNI has fallen nearly 50%.

Uniswap recently quietly adjusted the front-end interface fee from 0.15% to 0.25%, and the transactions subject to this fee will cover almost all trading pairs, except for stablecoin exchanges or ETH/WETH transactions, in preparation for potential actions by the SEC in the near future!

1. Uniswap's trading volume was close to $3 billion on Monday.

2. Uniswap raised fees to prepare for a fight with the SEC.

3. According to Wells' notice, UNI tokens are expected to be unlocked on Tuesday.

Uniswap's daily trading volume has also increased significantly recently, reaching $2.92 billion on Monday. This shows that traders are still using the platform regardless of the SEC's notice.

The debate between SEC and cryptocurrencies has always been a black swan event, such as xrp, Terraform Labs, coinbase, BN... etc. This is also a challenge that DeFi will inevitably face in the development stage. From a long-term perspective, this is also a necessary stage for cryptocurrencies to move towards compliance! Uni is not only the largest DEX on ETH, but also the largest DEX in cryptocurrencies. Therefore, if you believe in the future and large-scale adoption of DeFi, uni is still a potential target for the medium and long term!

Market: After the sharp drop and pin-in the previous day, UNI fell below the MA of major cycles, showing a bearish trend. It is currently around 7.1, supported by the ma150 and BOLL lower rail interval (around 6.5) in the 3-day K-line, and the weekly K-level support is at 6.17, 5.7, and 5.3! The resistance points faced are 7.88 and 9.6, pay attention to potential opportunities for pin-in ambush!

Can Uniswap overcome these obstacles and continue to sit firmly in the leading position of crypto DEX? The future will tell us the answer, but there is one thing I can be sure of: the road ahead is always full of challenges. Follow uni news at 星球通道