⚠️ $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)