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Last night’s layout has been a bet on this waterfall. Looking at the daily chart, UAI has been falling for three consecutive days without any sign of recovery. The characteristic of this coin is very obvious—it's either continuously rising or plunging all the way down, with little gray area.
The proxy coin of the AI sector is not a bad project, but its performance is indeed mediocre. The downward trend is just confirming one thing: retail investors are liquidating their positions, and there is little support. It’s precisely during these breakouts that it becomes a good opportunity for ambush. Instead of watching it continue to bottom out, it’s better to intervene at this stage.
That’s all for this move; I am already contemplating the next target. Market opportunities are always emerging, the key is to wait for that moment.