Behind the 30% surge, ARB today followed a “high volume, stagnant price” pattern.
The price fell back from the 0.206 high to 0.182, while trading volume surged to 89.9 million USDT —
indicating that someone was distributing at high levels.
The funding rate is only 0.01%, and the long-short ratio is 50/50, so the market is not overheated,
but the 8-hour candlestick chart shows overall weakness, so chasing long positions should be done with caution.
If it cannot reclaim above 0.19 next,
the short term may continue to consolidate.
$ARB #ARB #30.88%
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