ARB price reaches $1.022 per coin, up 3.01 per cent on the day

Arbitrum today's market news, ARB latest price: $1.022, up 5.93% in 24 hours, with a trading volume of $1.425 billion As you can see from the k-chart, it is now in an oscillating trend. It is up more sharply compared to 15:00, back up from 13:00 and down from 08:00. Falling prices but rising volumes usually indicate that selling pressure is intensifying and sellers are selling aggressively. This could be due to the market being pessimistic about future prices or panic selling triggered by negative news. In this case, prices may continue to fall in the future as selling pressure is high and market sentiment is low. Investors need to keep an eye on the price to see if it will fall below the key support level, which, if lost, could lead to a sharper decline. The market is active and prices are moving down. The Williams indicator suggests that it is now free of overbought and oversold. Trading volume has increased recently, trading volume is higher than in the previous hours, price is falling and trading volume is rising: selling pressure is increasing. Although the price is rising, selling pressure is increasing, it is recommended to reduce positions appropriately and pay attention to the subsequent trend and key support levels. The above is for reference only and does not constitute investment advice.