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I started staring at $ARB again.
It has a familiar flavor of "the big players quietly accumulating stocks while the retail investors pretend to be dead."
This coin has been fluctuating around $0.4 to $0.46 recently.
It seems quiet, but the daily trading volume is still over 300 million dollars.
With this level of heat, you still say the market isn't paying attention? I don't believe it.
Take a look at the data again @arbitrum:
Market cap of 2.29 billion USD, FDV of 4.25 billion.
All-time high $2.39, all-time low $0.245.
Current position? Not far from the bottom, still early for the top.
Although it has fallen by 43% this year,
But it has quietly risen by 19% in the past 90 days.
A typical trend where "no one is calling out trades, but the chart looks better and better."
Anyway, I'm the most alert at times like this—
When everyone rushes to chase the new narrative,
The old coins quietly climb up, that is the most dangerous sweet spot.
It's not a signal, just my personal sixth sense as an old investor.
When the air is unusually quiet, something is often about to happen.