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Recently, ARPA's trend has attracted a lot of attention. From the perspective of volume-price relationship, this wave of rally is indeed somewhat special—while the price breaks through, over 300 million USD in trading volume and open interest are also growing simultaneously. What does this usually indicate?
Simply put, this is a signal that the main funds are entering the market. Rather than a rebound caused by short sellers' panic selling, it can be seen as bullish traders systematically accumulating. After the price surges, there is no rapid plunge, indicating that selling pressure has been well absorbed.
From a technical standpoint, the current market structure is relatively healthy—bullish dominance is clear, and the short-term correction is not significant, mainly preparing for further upward movement. As long as the price can stay above this breakout zone, the upward trend has room to continue.
From a trading perspective, the buying range is approximately around 0.0178-0.0182, with a stop-loss set at 0.0165 (this is a strict requirement, cannot be broken). For targets, you can consider phased levels at 0.0205 and 0.0228.