Arbitrum (ARB)

Even though it is a project with a bad reputation due to pricing, the $ARB chart looks good to me, so I am reviewing and sharing it in general. My charts may look different to you, but during the October 10 decline this work provided a very serious opportunity. Spot chart, medium to long term https://t.co/htVCp6wQuQ

$ARB fell below $0.1... I occasionally quote this post because I haven't looked at the ARB price in a long time; it fell below $0.1. It fell below the needle of October 10. That October 10 needle was a bottom for many altcoins; for example, $HYPE saw $20 again but then reached $75. However, coins like ARB, which have lost interest and liquidity, have seen that needle, and those that haven't probably will see it too. We learned its market cap in 2022. We will learn about token releases in 2024 and 2025, and I believe we will learn about liquidity in another pool.

$ARB If we can hold the higher low here, imo we eventually tag those equal highs. Decent RR. https://t.co/GAp6b5q3f8

The $ARB OI-weighted funding rate shows oscillating activity over recent months! 🚨 Key highlights: • Funding rate remains mostly positive, indicating bullish pressure from perpetual longs • Periodic dips below zero, including -0.0051% on May 31, signal short-term neutralization of leverage • Consistent fluctuations reflect market participants balancing positions across exchanges Monitoring ARB’s funding rate helps anticipate short-term leverage trends and potential price moves, providing insights for traders managing exposure in perpetual markets.

Well, I ended up reflecting on the bull market, and look, in the last ±4 years several 'killer' projects have emerged that were supposed to directly compete with the biggest and oldest projects. So what? And honestly, can you now say that any project from this bull run actually delivered the goods? Arbitrum didn't replace Ether. Pyth didn't replace Link. Jupiter didn't replace Solana. The AI sector in crypto is hard to say it even existed during this cycle. RWA and the whole tokenization revolution showed something, but it was short-lived. Everything that was supposed to be new and innovative really only had its three minutes, because it's hard to say it lasted five, after which the hype faded. A perfect example is Arbitrum – after launch it attracted some attention, and now we are here – the chain is practically dead. So it turns out that after all, people in crypto prefer the old and certain over the new and unknown.