Even though prices have seen a slight dip, Arbitrum’s fundamentals this morning still show many bright spots:

Tokenized asset transactions from the Singapore fund are still taking place steadily on-chain. The price pullback into the $0.132 zone is seen as an opportunity for institutional capital to continue deploying funds from a better position.
This morning, the overall market experienced mild jitter after the U.S. economic data released last night, causing most Layer-2 networks to face broad sell pressure—not only ARB.
The number of new DApps deployed on the mainnet test network continues to grow steadily, indicating that developers’ confidence has not been affected by short-term price fluctuations.
The $0.125 - $0.130 level is currently a very important buffer zone. As long as #ARB closes the daily candle above this range, the growth structure from the $0.0858 bottom remains intact.
Re-testing the support zone after breaking the $0.14 threshold is a typical price action. This helps flush out short-term investors (“weak hands”) before the next upward leg begins.
There’s no need to worry too much about this pullback. This is a necessary “filtering” phase for the RSI to return to a safer zone.
You can observe the price’s reaction in the $0.128 - $0.131 area. If there is a bullish wick/candle reaction here (buying up), that could be an attractive entry position for medium-term targets.#GateSquareMayTradingShare