I fumbled $ARB hard. Thought I was slick selling the bounce, then watched it grind higher while I sat there comparing it to $XRP like an idiot. 😵💫
Missed it.
Now it’s back at $0.0949, down 3.95% today, and the chop is gross: 4h is -4.3%, RSI 47, volume only 0.7x the 20d average, but funding’s still positive so longs are paying while price drifts. If it loses $0.09 again I’m out of the way; if it reclaims $0.10 clean, I’m paying attention. Been 61% up the 30d range and still 13% off the high, which makes this feel more annoying than bearish. 😶🌫️
#Arbitrum
#Ethereum, #L2
Missed it.
Now it’s back at $0.0949, down 3.95% today, and the chop is gross: 4h is -4.3%, RSI 47, volume only 0.7x the 20d average, but funding’s still positive so longs are paying while price drifts. If it loses $0.09 again I’m out of the way; if it reclaims $0.10 clean, I’m paying attention. Been 61% up the 30d range and still 13% off the high, which makes this feel more annoying than bearish. 😶🌫️
#Arbitrum
#Ethereum, #L2