$ARB Current price: 0.1719, up 8.35% in 24 hours, with the price hovering near the day’s high.

This move rose from a low of 0.1501, with 24-hour trading volume at $22.946 million. Open interest is $41.24 million, up 17.86% in a day.

The overall long/short ratio is 1.29, large traders’ positions ratio is 1.48, and the funding rate is +0.01%—the bulls are in control. With the price at a new high, I’d personally decide where to place my stop-loss before watching what happens next.

#ARB