New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
December 25th is approaching, and the countdown for the UNI reform proposal voting has begun, with the big news of 100 million tokens being burned right in front of us. It seems like a solid positive signal, but the market responded with a "reverse operation"—over the past 24 hours, UNI not only failed to rise but actually declined. This situation has confused many retail investors, but seasoned traders are actually well aware: this is not a failure of good news, but the main players moving their knives. Their goal is very clear: the $6 level of chips, which is the most valuable "spoils" in this capital war.
To understand what the main players are really doing, you first need to grasp their tactics. Before a major positive event truly explodes, the main players must quickly concentrate their chips. How do they do that? Break the psychological defenses of retail investors. The news of the 100 million tokens being burned has long spread, and many retail investors have already jumped in, waiting for the price to rise after the good news is realized. This wave of optimism is so uniform that it actually becomes an excellent opportunity for the main players to shake out their positions. The main players throw some chips to sell off, creating a false impression of "good news turns into bad news"—and with this move, retail investors are directly scared away. They desperately sell at the low, while the main players quietly accumulate chips at the bottom, completing the transfer of holdings. Looking at the past 24 hours' trend, the price is falling, but the trading volume hasn't significantly increased—this is the standard move of the main players shaking out their positions, suppressing the price without letting too many chips leak out.
Want to stand firm before this big change in UNI? You need to understand the logic of this capital game and grasp the story behind the $6 chips.