Uniswap has been in a consolidation phase since June 2022, this phase preceded by a bearish cycle.
Bearish cycle > consolidation > bullish cycle.
Bullish cycle > distribution > bearish cycle.
That is it, looks pretty simple to me.
✔️ Traders can buy and hold.
✔️ Trolls can comment with insults and complain.
✔️ Bears can continue in denial.
✔️ Bulls can enjoy the profits from the upcoming bullish wave.
Namaste.