ARB is around 0.0797 u right now. It’s down 3% today. This week it fell even more sharply—down nearly 10%—and it’s one of the weaker performers recently.

But if you stretch the timeframe to a month, it’s still up—up nearly 6%. That suggests it had a strong run earlier, and this week has started to give back—similar to the rhythm of many other coins over this period. The 24-hour high is 0.0835, the low is 0.0794, and the drop is concentrated within this day.

About a month ago, it just set a new all-time low around 0.07. It’s not too far from that level now. This week’s selloff can be seen as giving back more than half of the gains from the prior rebound.

Circulating supply is about 66% of total supply. More than 30% hasn’t been released yet, so keep an eye on potential ongoing supply pressure.

At this level, if it can hold the 0.0794 24-hour low and not break below the line of new lows, it’s likely to grind out a bottom in a range-bound consolidation. If it continues to break below the prior low, it would mean this stretch of weakness hasn’t finished yet, and you may need to look at lower levels. If you’re thinking about catching the bottom, be cautious—don’t rush into a heavy position; the trend is still unclear. #直通IPO第二期JerseyMikes $ARB