$UNI sitting at $3.64 with $15.6M in 24h volume — a compression zone last seen in June 2023 before a 340% rally into year-end. Volume this thin during a consolidation phase historically signals capitulation from weak hands, not distribution from whales. The parallel to DeFi's 2020 pre-summer is hard to ignore: governance tokens bottomed at similar relative levels before the paradigm shift kicked in. If $ETH reclaims momentum, $UNI becomes the highest-beta play in the room.

Agree or disagree?

#DeFi #UNI