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In a bear market, all the news-based rebounds are just paper tigers.
To trade successfully, you need to learn to sell the news. Yesterday, BlackRock announced a 40% increase in their purchase of UNI.
Today, UNI's gains have already been completely wiped out, leaving only a long lightning rod. Bear market liquidity is still too poor.
Chasing after news often results in being buried. In a bear market, such positive news is usually a premeditated trap to harvest profits.
If you bought $uni yesterday, are you doing okay? Isn't it just like shorting NEO to buy OKB at 200?