BOSS Wallet data source, Arbitrum latest price news, ARB real-time price rose 3.09% to $0.7004, transaction volume $491 million
From the analysis of the K-line chart, it is currently in a downward trend. It has risen significantly compared to 21:00 and has fallen slightly compared to 17:00. When prices and trading volumes fall at the same time, it usually indicates that the market activity is reduced and both buyers and sellers are not active.
The market may be in a wait-and-see phase, waiting for new drivers to emerge. In this case, prices may continue to be sluggish or sideways in the future until new market news or events emerge. Investors should pay close attention to changes in the market and events that may trigger market fluctuations.
In a downward trend, the trading volume decreases, and the price and trading volume decrease at the same time. The Williams indicator shows that the current market is neither overbought nor oversold. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price and trading volume are decreasing at the same time: the market is quiet and trading is not active.

The market rise was unexpected and may be affected by external factors. It is recommended to continue to wait and see and pay attention to subsequent trends.
The above content is for reference only and does not constitute investment advice.