Trader Eugene is bullish on $UNI: a drop below $6.50 would invalidate his bullish argument.

Trader Eugene believes that after the crypto market correction, Uniswap has become the focus due to its fee adjustment proposal, and the team has shifted its focus to supporting token holders. If the market bottoms out, $UNI is expected to lead the rebound, currently up 3.3% after breaking through $8.