There is a new interpretation angle for ARC's trend. Looking at the chart, that single long position of over 20 million with an average price of around 0.24 is indeed worth pondering given its scale and price combination. Considering that ARC's total market cap is only about 40 million, the ability to place such a large order at this low level indicates significant financial backing.

Interestingly, this position has been held for a day. Based on the initial entry price, it is now nearly a 10% loss. What is the logic behind this operation? Is it confident waiting for a rebound, or is there another plan? Market participants generally believe that such large holdings may represent so-called "smart money," but essentially, they are still the market makers capable of influencing the market rhythm. The next move might be even more interesting.