Uniswap Price Outlook: Steady Open Interest Suggests Consolidation Before Next Move
The post Uniswap Price Outlook: Steady Open Interest Suggests Consolidation Before Next Move appeared on BitcoinEthereumNews.com.
Uniswap Coin appears rooted in a consolidation phase, as the stability in open interest, moderate price fluctuations, and cautious accumulation signals point to a market quietly preparing for its next directional push. Traders now watch for volume sparks to trigger the breakout. Open Interest Data Reflects Cautious Market Positioning Recent open interest metrics reveal that Uniswap’s futures positions have remained relatively stable, oscillating between approximately 152 million and 160 million. While these figures suggest steady participation, subtle upticks in open interest often preceded price spikes, hinting at new entries ahead of volatility. Source: Open Interest Notably, during the brief price surge on the 21st, open interest climbed slightly, then fell again as prices retraced, implying some positions were closed or liquidated in reaction to swift market swings. This pattern suggests that while traders remain engaged, they are exercising caution rather than committing aggressively. A sustained rise in open interest without accompanying liquidations could signal growing confidence and a potential build-up toward the next move. Market Metrics Show Liquidity and Consolidation Additionally, data from BraveNewCoin indicates that Uniswap is trading at around $6.18, holding a market capitalization of $3.71 billion and a 24-hour trading volume of roughly $264.9 million. With an available token supply of approximately 600.48 million tokens, the asset remains firmly ranked among the top 50 cryptocurrencies. Source: BraveNewCoin Price action remains relatively flat, confined in the mid-$6 range after a period of sharp decline from earlier highs. The consistent volume suggests that liquidity remains intact and участников are still active, although directional conviction remains muted. In other words, the market isn’t overly bullish yet, but neither is it collapsing; rather, it seems to be consolidating and waiting for a catalyst. Technical Indicators Indicate Weakening Downtrend With Early Signs of Support At press time, UNI/USDT has pulled back sharply…
Filed under: News - @ October 23, 2025 9:26 pm