$UNI Continue to stay bearish; the market already shows signs of a sell-off. Most of the prior bullish catalysts have already been played out. In a bear market environment, with a size as large as 20 billion, plus an excessive number of trapped positions overhead, it may be very difficult to break out into an independent trend. For this downside move, you can watch the area around 2.4; set defense at 4. The overall risk-reward ratio looks good, but when everyone follows in, be sure to watch the risks and control your position size.