May 10, 2026

The market rhythm is very good. Today I saw UNI's price reach back to $4 again. Although the price isn't great, there's a feeling of seeing the light after the clouds clear. Actually, this price doesn't really count as value discovery for UNI, but due to the overall weakness of the DeFi sector, the ripple effect from AAVE's collateral issues a while ago, which almost led to a loss of 80k USD, is still ongoing.
The reason I say the market rhythm is good is because the overall capital is starting to rotate into higher market cap mainstream coins, like UNI today and TON a couple of days ago.
I won't list them all here to avoid everyone thinking I'm recommending chasing the rally, but overall, you should have a sense that funds in the crypto space are becoming more active. This activity can be seen from multiple phenomena, such as the rapid surge and shorting of altcoins starting a month ago, Bitcoin gradually rising above $80k, and the rebound of higher market cap altcoins and mainstream coins.
If this rhythm continues, we should see more mainstream coins rising, especially in the DeFi sector. Of course, because I was disappointed too many times before, I don't plan to chase after new positions this time—I'll just use my previous holdings to defend against potential upward movements.
My strategy remains to reduce positions passively. Taking UNI as an example, I previously set up a buy zone grid at $2-$4. If it breaks through directly, my buy zone grid will only capture the grid profits. But I checked, and it’s about a 15% return, which is the yield for the position planned for bottom-fishing, taking roughly 100 days.