⚠️ $ARB STILL HAS A LOT TO PROVE
Personally, I’m not convinced by the $ARB chart yet.
The bigger structure is still a clear downtrend, with price trading below a long descending trendline and sitting far below its previous highs.
For me, the first real sign of strength would be a clean break above that trendline.
After that, the levels I’d watch are:
$0.63 → $1.21 → $2.30
If $ARB starts reclaiming those areas, the bullish case becomes much stronger.
But until that happens, I think the down...
$ETH dropped as low as $2,365 and people think it is done dumping, and that buyers are taking over because of the bullish candlesticks.
Let's not be quick to forget that $ETH was trading around $1,700 - $1,800 a few weeks ago and we still have enough time to see Ethereum go below $2,000.
Even $BTC will probably go below $70,000 again.
{future}(BTCUSDT)
{future}(ETHUSDT)
🚨AVA is up 102.40% in 24h and that was the first thing that caught my attention.
Looking through the gainers list, the move isn’t limited to one token. ONE is +89.40%, GENIUS +38.53%, NEAR +15.81%, and MINA +14.02%. Below them, $AXTIB is +13.29%, DGB +13.03%, COTI +12.87%, KMNO +10.59%, GLMR +9.99%, CRDOB +9.93%, REZ +9.92%, and ZEC +9.34%.
The snapshot prices are also interesting: AVA at 0.3210, ONE at 0.001286, GENIUS at 0.4196, NEAR at 2.850, MINA at 0.0935, AXTIB at 67.61, DGB at 0.00425...