An analyst has expressed a bullish outlook on Uniswap ($UNI), suggesting that the mid-term sell-off in altcoins has concluded after five consecutive weeks of declines. The analyst believes that altcoins with strong fundamentals, like UNI, will perform well if the market rebounds. Uniswap's advantages include the absence of historical holding pressure and a compelling narrative around its fee conversion proposal, which could drive profitability. Currently, UNI's price has fallen back to levels seen before the fee conversion proposal, presenting a potential buying opportunity. However, the analyst cautions that if UNI's price falls below $6.5, this bullish perspective would no longer hold.