To be honest, ARB and OP—these two L2 projects—have really tripped up a lot of people.
Just look at the monthly charts; the downtrend is obvious. What’s even more critical is that Ethereum itself is constantly upgrading and optimizing. How much potential is really left in the L2 track? With technology iterating so quickly, the much-hyped demand from before now seems more like a temporary phase.
Those who are stuck should wake up. Stop hoping to break even and get out; the market won’t reverse just because of your entry price.
That said, with such a big drop, there will eventually be a technical rebound. If ARB can bounce to around 0.5 and OP to around 0.7, that’s your window to exit—take it as a gift from the market. Try to minimize your losses; don’t stubbornly hold until it all goes to zero. We’ve all seen how fast altcoins can crash.
In this cycle, surviving is more important than making money.
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.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
SchroedingerGas
· 7h ago
Being sober and bearish is wise
View OriginalReply0
FrogInTheWell
· 20h ago
I saw through it from the beginning
View OriginalReply0
TokenomicsDetective
· 12-09 10:53
Escape without looking to tomorrow
View OriginalReply0
BearHugger
· 12-09 10:53
Take life and death lightly, but you have to accept what you can't change.
To be honest, ARB and OP—these two L2 projects—have really tripped up a lot of people.
Just look at the monthly charts; the downtrend is obvious. What’s even more critical is that Ethereum itself is constantly upgrading and optimizing. How much potential is really left in the L2 track? With technology iterating so quickly, the much-hyped demand from before now seems more like a temporary phase.
Those who are stuck should wake up. Stop hoping to break even and get out; the market won’t reverse just because of your entry price.
That said, with such a big drop, there will eventually be a technical rebound. If ARB can bounce to around 0.5 and OP to around 0.7, that’s your window to exit—take it as a gift from the market. Try to minimize your losses; don’t stubbornly hold until it all goes to zero. We’ve all seen how fast altcoins can crash.
In this cycle, surviving is more important than making money.