Arbitrum (ARB) price increased by 4% today, with a weekly increase of 8%. After falling 96% from its cycle high, the price shows signs of stabilization near a multi-year demand zone between $0.09 and $0.06. On-chain data indicates continuous outflows from exchanges, suggesting that funds are accumulating and selling pressure is easing. $0.23 and $0.49 are key resistance levels for a bullish reversal, while if the price continues to fall below $0.06, the current accumulation logic will be invalidated.
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Arbitrum (ARB) price increased by 4% today, with a weekly increase of 8%. After falling 96% from its cycle high, the price shows signs of stabilization near a multi-year demand zone between $0.09 and $0.06. On-chain data indicates continuous outflows from exchanges, suggesting that funds are accumulating and selling pressure is easing. $0.23 and $0.49 are key resistance levels for a bullish reversal, while if the price continues to fall below $0.06, the current accumulation logic will be invalidated.