The market remains in a soft consolidation structure as derivatives positioning normalises and spot activity aligns with broader downside flows across altcoins.
UNI’s 1-hour chart shows a gradual decline from the $6.20–$6.10 band into the current $5.81–$5.83 area, reflecting steady selling pressure through December.
Candles show a sequence of lower highs and narrow bodies, indicating reduced momentum and controlled volatility rather than a disorderly breakdown.
The recent dip toward $5.81 marks the lower end of the intraday range as markets continue to react to weakness that began late last week.
Source: Open Interest
Aggregated open interest has remained steady during the decline. OI fluctuated between 183.12M, 183.15M, and 183.07M, and is now holding near 183.11M.
The stability in OI despite price fading suggests that derivatives traders are not aggressively adding new directional positions. Instead, the market appears balanced, with neither long nor short positioning dominating.
This environment typically reflects a wait-and-see stance as participants reassess volatility and directional conviction.
The lack of a major OI spike or washout signals that the coin’s decline is being driven primarily by spot weakness and structural market rotation, rather than liquidation-driven volatility.
According to BraveNewCoin, Uniswap trades at $6.01, down 1.95% in the past 24 hours. The asset’s current low sits at $5.86, while the intraday high reached $6.18, aligning with the broader market’s tightening ranges.
The token maintains a market capitalisation of $3.79B, supported by a circulating supply of 629.91M tokens. Daily volume stands at $301M, consistent with moderate trading activity rather than the elevated turnover seen during November’s volatility.
The token remains 86.61% below its all-time high of $44.92, underscoring the depth of the multi-year correction since 2021. Market conditions continue to reflect repositioning rather than strong accumulation, with liquidity rotating out of high-beta altcoins during broader market consolidation.
On the other hand, UNI/USD on the daily chart remains in a corrective downtrend after failing to sustain levels above the $10–$12 zone earlier in the quarter. Price now trades around $5.80, forming a sequence of lower highs since late October.
Recent candles present small bodies and overlapping ranges, signalling indecision and consolidation just above the recent structural low near $4.70.
Source: TradingView
The MACD line remains below the signal line, with both positioned above zero but trending downward. This indicates fading bullish momentum following November’s sharp upside spike. The negative yet shrinking histogram reflects slowing downside momentum, though not enough to signal a reversal, keeping the coin vulnerable if sellers regain control.
Chaikin Money Flow (CMF) has slipped back below zero after a brief extreme positive spike, showing that earlier inflows have cooled and distribution is currently dominant. The indicator suggests limited accumulation as liquidity shifts remain cautious.
Until CMF reclaims positive territory and the coin breaks above local swing highs with stronger volume, the chart structure favours continued consolidation rather than confirmed trend reversal.

Highlights: US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets. Do Kwon will face sentencing on December 11 and must give up $19 million in earnings. US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings. The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined. U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025 Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November. TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán (@zGuz) April 5, 2024 The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

