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峰哥的交易日记
峰哥的交易日记
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UNI拉了18%。 朋友圈刷屏的是“SEC新政利好”,讨论的是“代币化股票叙事起飞”。 没几个人注意到链上发生了什么。 7月27日,Uniswap v4费用开关正式激活。到今天不到两个月,日均协议收入从11.8万美元飙到31.8万美元,翻了2.7倍。 其中一半以上来自同一条链——Robinhood Chain单链日均贡献16.8万美元。 8月29日,这条链上的代币化股票单日成交1.3亿美元,一个月增长了近10倍。 而Uniswap拿下了这条链上99%的代币化股票DEX流动性——v4占73%,v3占26%。 主网上线6周,累计代币化股票交易量突破10亿美元。 所有这一切,是在美国交易者完全缺席的情况下完成的。 销毁飞轮已经转起来了。 TokenJar像一个只进不出的透明钱罐,协议手续费不断沉淀进去。没人能直接取钱,唯一的开罐方式:销毁等值UNI。 套利者看到罐子里的手续费价值高于买UNI销毁的成本,就会自动买入UNI并销毁,解锁费用赚差价。全程链上自动执行,没有人工干预。 9月4日,单日销毁18.4万枚UNI,价值115万美元。其中Robinhood Chain贡献超过80%。 8月整月销毁194.6万枚。创始人Hayden公布的UNI年化销毁率已经超过2.5亿美元。 累计销毁突破1.1亿枚,占10亿枚总量的11%以上。 当其他概念币还在用“叙事”定价时,UNI已经可以用“收入”定价了。 份额从21%涨到31%,涨了将近10个百分点。月协议收入从零变成稳定的720万美元。 不是通胀型治理代币。是有真实收入支撑、有通缩飞轮驱动的资产。 但有两件事你得知道。 第一,美区用户目前无法参与Robinhood Chain上的代币化股票交易。这1.3亿美元的日成交,跟美国散户没关系。 第二,交易量中相当比例由Meme币驱动,可持续性需要观察。Robinhood Chain的免Gas费补贴政策9月下旬可能结束,交易成本一旦上升,活跃度会不会降温,是接下来最大的变量。 👀 灵魂拷问: 当一条链上的真实成交数据摆在那里,协议收入的数字摆在那里,销毁飞轮每天在跑—— 你还在看K线,还是已经开始看链? $UNI $ONDO $ETH
峰哥的交易日记
峰哥的交易日记
ARB at $0.16, what are you still waiting for? First, look at the surface: it has risen 100%, but those chasing the high are all trapped. ARB climbed from the 2026 low of 0.07 all the way to 0.174, doubling in 30 days, marking the strongest rebound in nearly a year. Market cap returned to $1.1 billion, with a clear increase in 24-hour trading volume. Price stands above the 50/100/200-day moving averages, with a golden cross in the moving averages, RSI between 52-66, the trend has turned bullish, and pullbacks are opportunities. First thing: Standard Chartered seriously priced ARB for the first time. Standard Chartered Bank covered ARB for the first time, giving a $10 target for 2030, with the path: 0.50 by the end of 2026 → 1.50 in 2027 → gradually rising year by year thereafter. Arbitrum is no longer just the "L2 that airdrops tokens"; it is becoming the infrastructure for TradFi on-chain. Robinhood Chain uses its tech stack, tokenized stocks, RWA, institutional settlements—all running on it. This Standard Chartered report revalues ARB from an "L2 governance token" to "TradFi chain infrastructure." Second thing: It has started collecting "tolls from others." How did Arbitrum make money before? Gas fees on its own chain. Now it’s different. After Orbit chain launched, others using its tech stack to launch chains must pay licensing fees. Robinhood Chain runs on Arbitrum’s technology → Arbitrum collects fees Other projects wanting to copy the model → also have to pay Revenue structure changed from "only collecting gas" to "collecting gas + rent." DAO’s revenue in the first half of the year was about $6.19 million, with very high gross margins. Third thing: Technically it just broke through, but there’s a sword hanging overhead. Good signals: - Volume breakout above old resistance at 0.15-0.157 - Price above 50/100/200-day moving averages, moving averages turning bullish - Rebounded from 0.07 to over 0.16, a 30-day increase of over 100% - Perpetual funding rate slightly negative, indicating no excessive leverage on the long side, healthy structure Bad signals: - Above 0.17, all are upper shadows, every attempt to break higher is rejected - About 92.6 million ARB unlocking around mid-September, circulating supply continues to dilute - Daily MACD histogram weakening, momentum fading on the rally - ARB does not pay gas (gas is still ETH), token capture ability is relatively indirect Long-short battle, judge for yourself: On one side: - Standard Chartered’s first coverage, $10 target for 2030 - Robinhood Chain + AEP revenue sharing, real income story - Price above all moving averages, doubled in 30 days, trend turned bullish - Funding rate slightly negative, no crowded longs - RWA/tokenization deployment ahead, strong institutional narrative On the other side: - 92.6 million tokens unlocking in September, selling pressure looming - Dense upper shadows above 0.17, fierce profit-taking - Historical high 2.39, now 0.16, down 93%, massive trapped positions - ARB does not capture gas fees, valuation relies on indirect logic of "sharing profits after ecosystem growth" - Altcoin season not fully opened, BTC dominance at 57%, ARB can only follow the rise Trading strategy Spot/Mid-term: - Position control at 10%-20% of total holdings, staggered - First batch: 0.155-0.160 - Second batch: 0.145-0.150 - Third batch (defensive): 0.132-0.140 - Targets: first 0.19-0.20, second 0.24-0.26 - Stop loss: daily close below 0.128-0.132 Short-term (3-5x): - Bullish bias: wait for pullback to 0.158-0.161 to stabilize and buy low, stop loss below 0.154, targets 0.170/0.174 with partial profit-taking. Only hold remaining if volume confirms above 0.174, aiming for 0.188-0.20. - Bearish bias: if it stalls at 0.172-0.175 with long upper shadows and low volume, lightly short with stop loss above 0.178, targets 0.162/0.156. You don’t not know ARB has a story; you just didn’t dare buy at 0.07, didn’t dare chase at 0.16, and will break your leg when it hits 0.50. Institutions price seriously for the first time, retail always hesitates. By the time you understand, the price is no longer yours. Buy in batches below 0.16, it’s a position for swing trading. Chasing above 0.17 is carrying others’ gains. Hold above 0.155, structure remains; break below 0.148, short-term bulls admit defeat. At 0.16, do you dare to buy? $BTC $ETH $ARB

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