Buyers taking the initiative does not necessarily mean they can hold at higher levels.
$ARB tested higher intraday and moved above the previous consolidation ceiling of $0.1977, but it quickly pulled back after failing to hold there, closing back within the original range.
Alongside this spike and retreat, short-term spot trading volume surged to nearly $600,000, more than four times the previous average.
Although the share of aggressive buying exceeded 56%, the price ultimately returned to the range. A high buy ratio does not automatically translate into a sustained breakout.
$ARB tested higher intraday and moved above the previous consolidation ceiling of $0.1977, but it quickly pulled back after failing to hold there, closing back within the original range.
Alongside this spike and retreat, short-term spot trading volume surged to nearly $600,000, more than four times the previous average.
Although the share of aggressive buying exceeded 56%, the price ultimately returned to the range. A high buy ratio does not automatically translate into a sustained breakout.