1) While BNB and other alts have run, ETH and UNI have stagnated due to high gas fees. If ETH tanks, so does UNI. People have moved to BNB and pancakeswap due to cheaper gas costs. See related idea how BNB doubled in price while ETH grinded slowly upward.
2) Would ETH and UNI rise again? Sadly no, as CZ of Binance lowered BNB fees to twist the knife on both ETH and UNI.
3) ETH gas fees have been reduced, sending gas prices to lows not seen in months. This means good things for UNI, because Uniswap runs on ETH!
Entry: immediate
Exit: when the trend changes down
Stop: $2.5 below entry
Stats are from 1/1/2020 to current using ~2% risk.
Good things are coming for ETH and UNI, and this is just the start. Can Uniswap regain dominance over Pancake? Let's find out in the ridiculous meme DeFi war!
2) Would ETH and UNI rise again? Sadly no, as CZ of Binance lowered BNB fees to twist the knife on both ETH and UNI.
3) ETH gas fees have been reduced, sending gas prices to lows not seen in months. This means good things for UNI, because Uniswap runs on ETH!
Entry: immediate
Exit: when the trend changes down
Stop: $2.5 below entry
Stats are from 1/1/2020 to current using ~2% risk.
Good things are coming for ETH and UNI, and this is just the start. Can Uniswap regain dominance over Pancake? Let's find out in the ridiculous meme DeFi war!
