After a 21% surge in volume, $ARC is currently consolidating tightly above the breakout level. The underlying details behind this movement are quite interesting—high trading volume combined with open interest data clearly indicate an orderly involvement of major funds, rather than a false rally driven by retail FOMO.



Despite the bearish pressure, the main players remain present, which is a key signal. The short-term pullback was almost instantly absorbed, showing that buying interest is quite restrained but firm. As long as the price stays above the breakout support zone of 0.0750-0.0770, the upward potential will gradually open. From a trading perspective, the bullish setup is relatively clear:

• Entry zone: 0.0770-0.0790
• Stop-loss: 0.0720 (rigid stop-loss remains unchanged)
• Target levels: 0.0880 as the first resistance, 0.0950 as the secondary target

Current market sentiment still leans towards bullishness, but the test lies in whether it can break through the upper resistance. This consolidation process is a window to verify the commitment of the main players—patience in waiting for confirmation signals is more important than rushing to enter.
ARC-16,93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LiquidationWatchervip
· 2h ago
Well, I believe the main players are entering in an orderly manner, but whether this wave can break 0.088 depends on the performance over the next two or three days. It's too early to say anything now.
View OriginalReply0
GmGmNoGnvip
· 01-21 05:51
The main force is accumulating, this wave is not a retail investor sentiment play... The 0.0770 level must hold, or it's all for nothing.
View OriginalReply0
AirdropSweaterFanvip
· 01-21 05:45
I've seen many tricks of main forces accumulating positions, whether ARC can truly break the level this time depends on the subsequent trading volume. Don't just focus on the 0.0770 line; the key is whether there are main forces really supporting the market.
View OriginalReply0
ForkTonguevip
· 01-21 05:38
Are the major players really still here? I'm looking at the order book and can't quite tell, but it feels like this consolidation phase is dragging on a bit.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)