bought about 500k of uniswap. it's on fomo. mostly done buying, kept a little back in case midterms give us a dump boring pick? maybe, but uni is one of the few things in crypto with an actual product, actual users, and a track record across multiple cycles. the tokenomics were the problem for years and that got fixed last december, fee switch is on and it buys back and burns now. not governance trash anymore the main thesis is simple tokenized stocks, rwa, institutions, all of it is moving on chain and i think most of it lands on ethereum. uni benefits from all those flows. many thought this was going to happen in '24, but instead got dumped on relentlessly. what if it happens, but a cycle later? the secondary thesis is memes. if memes are a big part of this cycle, and i think they eventually will be, robinhood chain routes through uniswap. so the casino side of crypto pays uniswap too. maybe robinhood chain comes back, maybe it doesn't, but a wealth effect from majors brings on chain back at least once and uni catches that flow either way chart wise, uni/btc has been above the weekly ichi cloud for 2 months. in 2024 it broke above for one week and got smacked right back in. this time it held and it's riding the kijun. there's bear div on the 3d but rsi bounced off 50 and is curling up. all in all, strong uptrend against btc, which is how i judge alts let's ride