ChainThink report: On December 26, the UNI fee switch proposal was passed, but the market had already priced in the news, failing to break through further on the positive sentiment; it encountered resistance near the neckline of the double top pattern at approximately $6. Earlier on the 23rd, a potential pullback was flagged—previously, prices dropped to around $5.5. However, currently, a bearish crossover has reappeared on the 4-hour chart, and $6 represents a confluence of resistance levels including the daily MA60. If the level cannot be effectively breached, another test of the key support at $5.6 may occur.
If the 4-hour closing candles consecutively close above $6, this would constitute a valid breakout, potentially opening the path toward the previous high near $6.4. (AI analysis, not investment advice, validity period: 2–5 days)

Disclaimer: Contains third-party opinions, does not constitute financial advice
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