$UNI First, let's conclude that the downward trend of UNI has not yet ended, so don't rush to bottom fish.

Now for the analysis: Currently, from the data, UNI has a net inflow of 12 million contracts over 12 hours, but the contract open interest is decreasing, indicating that the main activities in the past 12 hours were mainly closing short positions and buying spot to drive up the price, and there haven't been many long positions established. The major players who haven't accumulated enough long contracts won't sustain the upward movement for now. Additionally, the net value of small contracts and open interest are both decreasing, suggesting that small positions are closing longs and building shorts. Currently, the hourly K-line is also directly blocked and moving downward at the resistance level. Overall, UNI has not yet reversed its trend.