Arbitrum price nears historic low, traders eye long-term rebound

ARB is trading ~96% below its 2024 ATH, with analysts framing current demand-zone compression as a potential long-term accumulation phase for a future trend reversal.

Arbitrum’s (ARB) native token is trading near historic lows following a prolonged decline from its 2024 peak, with technical analysts identifying the current price level as a potential long-term entry point, according to market analysis.

The token reached its all-time high in 2024 before entering a sustained downtrend. The asset now trades at approximately 96% below its peak, positioned within what analysts describe as a high-timeframe demand block, according to technical chart analysis.

One market analyst noted the token is positioned at the bottom of a multi-year descending channel inside a high-timeframe demand block. The level holds historical significance, with prior capitulation wicks forming in the same area, according to the analysis. Price action has compressed sideways following the most recent decline.

Technical analysts are treating the current range as a structural accumulation zone. Volume absorption at this level suggests diminishing selling momentum, according to market observers. The compression in volatility supports the possibility that a price base could be forming, analysts stated.

Characteristics of a Wyckoff accumulation cycle appear to be forming on the token’s chart, according to technical analysis. Phase C, which typically marks the final shakeout before a recovery in the classical framework, appears to be in play. Demand absorption signals point to institutional-style accumulation at the current price range, analysts reported.

Two levels stand out as critical confirmation points for traders monitoring the asset. A break above initial resistance would mark the first break of structure favoring buyers, while a move above higher resistance would signal a full trend regime change, according to the technical analysis.

The analyst outlined a multi-stage target path reaching prior resistance zones and longer-term projection targets. A full cycle expansion would represent substantial gains from current levels, according to the analysis. On the downside, a defined invalidation level remains the reference point for the accumulation thesis. A sustained close below that level would void the current technical structure, analysts stated.

The setup draws attention from technically driven traders due to multiple technical confluences, including channel support, historical wick lows, volume absorption, and volatility compression converging at the same zone, according to market analysis.

Arbitrum is classified as a high-beta asset, meaning it tends to move sharply when broader cryptocurrency market conditions shift. This amplified sensitivity creates both downside risk and potential upside opportunity during recovery cycles, analysts noted.

No directional move has been confirmed, and traders are waiting on structure confirmation before taking larger positions, according to market observers.