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Arbitrum (ARB) is at a critical turning point: Will the rise continue? ARB, traded at $1.1814, could target even higher levels if Layer-2s come to the fore, #ETH rises, or BTC dominance declines. ARB, which is currently in the background compared to other altcoins, may soon take over the reins. In such a scenario, there may be a movement towards 1.2338 – 1.4588 – 1.6114 – 1.70 – 1.80 – 2.1069 – 2.2767 and 2.4240 dollars, respectively. In the short/medium term, the $1.70 – $1.80 range may be an intense selling zone. If Layer-2s fail to catch a breakout, #ETH remains below $3750, or #BTC does not turn $70,000 into support, this may create selling pressure on ARB over time. In such a scenario, there may be a retreat to 0.9908 – 0.8029 and 0.7319 dollars respectively. Price movement is decisive in the range of $0.8029 – $0.7319, which is the buyer zone. $BTC $ARB

Arbitrum (ARB) is at a critical turning point: Will the rise continue?

ARB, traded at $1.1814, could target even higher levels if Layer-2s come to the fore, #ETH rises, or BTC dominance declines. ARB, which is currently in the background compared to other altcoins, may soon take over the reins. In such a scenario, there may be a movement towards 1.2338 – 1.4588 – 1.6114 – 1.70 – 1.80 – 2.1069 – 2.2767 and 2.4240 dollars, respectively. In the short/medium term, the $1.70 – $1.80 range may be an intense selling zone.

If Layer-2s fail to catch a breakout, #ETH remains below $3750, or #BTC does not turn $70,000 into support, this may create selling pressure on ARB over time. In such a scenario, there may be a retreat to 0.9908 – 0.8029 and 0.7319 dollars respectively. Price movement is decisive in the range of $0.8029 – $0.7319, which is the buyer zone.

$BTC $ARB

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Newly launched whale wallets turn to 5 altcoins after Ether ETF approval While Ether spot ETFs were approved by the SEC last night with a historic decision, it is seen that the newly opened whale wallets turned to 5 altcoins after the approval and made significant purchases. After the US Securities and Exchange Commission (SEC) approved Ethereum spot ETFs, cryptocurrency investors began to look more favorably on many altcoins on the Ethereum network. According to Lookonchain, an on-chain data tracking platform; The newly opened whale wallets, which made million-dollar purchases, turned to 5 altcoins after the SEC approval. Lido (LDO), Aave (AAVE), Uniswap (UNI), Chainlink (LINK) and Ethereum Name Service (ENS) were among the purchases made by whales. In the information provided, attention was drawn to the purchases made this morning: - 0x43cA wallet opened 4 days ago, 82 thousand ENS worth 2 million dollars from Binance, - 0x43cA wallet opened 4 days ago, 82 thousand ENS worth 2 million dollars from Binance, - 0xBbDC wallet, opened 4 days ago, contains 214 thousand UNIs worth 2 million dollars, - 0xCD0a wallet, opened 5 days ago, contains 19.7 thousand AAVEs worth 2 million dollars, - 0x2019 wallet opened 5 days ago, 19.9 thousand AAVE worth 2 million dollars, - Wallet 0xBD07, opened 5 days ago, contains 873 thousand LDOs worth 2 million dollars, - Wallet 0xe934, opened 4 days ago, contains 602 thousand LDOs worth 1.4 million dollars, - Wallet 0xf07B, opened 6 hours ago, contains 915 thousand LDOs worth 2.1 million dollars, - 0x2A3C wallet opened hours ago contains 66 thousand LINK worth 1.3 million dollars They made purchases. $BTC $ETH
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