From recent market trends, the DeFi sector has clearly stabilized, which suggests that the cyclical bottom for altcoins should not be far off.



An interesting phenomenon: UNI and CAKE have actually fallen less than ETH, indicating that market confidence in these mainstream DEX tokens is relatively strong. When the major coins are dipping, these application layer tokens tend to perform better and resist declines, which is often a signal of a bottom.

The recent wave of panic indeed exists, but upon closer inspection, this adjustment is more like a phase of consolidation. Rather than being driven by emotions, it's better to hold onto good positions at this point. Although the technical outlook for BTC and ETH is under short-term pressure, their fundamentals still support them.

If you already have positions, now is actually the time to consider holding steady rather than cutting losses.
UNI-0,63%
CAKE-2,2%
ETH-5,16%
BTC-2,58%
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SquidTeachervip
· 8h ago
UNI's resilience is indeed interesting, but it's still too early to call it a bottom signal.
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HallucinationGrowervip
· 01-20 10:50
UNI's resilience is quite interesting, indicating that DEXs still have supporters. Those selling at a loss are the losers. Let's wait and see. Bottom signals are everywhere; the key is whether you're brave enough to buy the dip. Now is actually the time to pick up bargains. Why panic? DeFi is stable, and altcoins are far from that. I buy into this logic. Holding on is the true way; selling at a loss is just giving money away. Resisting drops is a joke; it will continue to fall later. I bet five bucks. Application layer tokens are more reliable; I don't trust the main market coins much. It's just a round of consolidation. Don't be scared by the news. This is the ultimate test of mental strength, really.
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MEVictimvip
· 01-20 10:41
I'm tired of the saying that UNI is resistant to declines. Every time it's said, it still continues to fall.
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GateUser-e19e9c10vip
· 01-20 10:39
This guy is saying something meaningful, UNI and CAKE's resilience indeed is a signal. --- Don't rush to interpret the bottom signal, let's first see if it can break the previous low. --- It's always about holding steady and good chips, why does it feel like we say this every time? --- DeFi stability doesn't mean ALT is stable, don't confuse the two. --- I just want to ask, is this correction a consolidation or a decline? --- Resisting decline doesn't mean you should buy the dip; many people have lost money thinking so. --- Holding good chips is fine, but the premise is that you have chips, haha. --- It looks logical and well-founded, but it still feels like there's a lot of gambling involved.
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CodeSmellHuntervip
· 01-20 10:37
I think this analysis is a bit overly optimistic. Just because UNI resists falling doesn't mean it's a bottom signal? How many people have been fooled by this kind of "contrarian indicator" in history.
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