There are various ways to make a lot of money from cryptos. Everything comes down to getting into the right opportunity at the right time. A top analyst recently shared a detailed breakdown of Arbitrum and why ARB price could create millionaires for those who understand the structure and act with patience.
Crypto Patel laid out his case clearly. He pointed to the brutal reality first. ARB has dropped about 96% from its 2024 all time high of $2.42. That type of drawdown often discourages most market participants. Crypto Patel believes this is exactly where rare opportunities are found.
The chart shows ARB price moving inside a long descending channel that has been intact for almost 2 years. Each rally has been capped by a falling trendline. Each breakdown pushed price closer to the lower boundary of the channel.
Right now, ARB price is sitting at the bottom of that structure around the $0.09 to $0.06 zone. Crypto Patel describes this region as a high time frame demand block. Historical wick support appears in this area. The chart highlights heavy drawdowns of more than 88% and 96% during the decline.
That compression near the base of the channel matters. Volume absorption appears to be taking place. The candles show sideways action after the steep impulse drop. Crypto Patel frames this as a Wyckoff Phase C or early Phase D candidate. Seller exhaustion and demand absorption are key ideas in that model.
@CryptoPatel / X
Crypto Patel does not claim the trend has flipped yet. He outlines clear confirmation levels. The first structural level sits at $0.23. A sustained move above that zone would mark a break of structure on the lower time frames.
The next major pivot stands at $0.49. That level aligns with the descending trendline resistance and the second resistance zone on the chart. A clean reclaim of $0.49 would signal a broader regime change.
Beyond that, upside targets expand toward $1.20, $2.42, and eventually $5 if the full structure flips bullish. The chart even maps a possible cycle expansion between 5,129% and 7,435% from the current base. Those projections depend entirely on structure holding above $0.06. A breakdown below $0.06 would invalidate the accumulation thesis.
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Crypto Patel describes ARB as a high beta Layer 2 leader trading at a maximum confluence demand zone. Channel support, high time frame demand, Wyckoff accumulation, and seller exhaustion align in the same region. That cluster of signals forms the core of his thesis.
He emphasizes that this is a patience zone. Momentum traders often prefer chasing strength near resistance. Crypto Patel argues that asymmetric risk reward tends to appear when charts look the worst.
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