Arbitrum (ARB) is currently priced at $0.191111, reflecting a positive 24-hour change of 3.73%. The daily trading range is tight, with a high of $0.192229 and a low of $0.183097, indicating relatively stable price movement in the short term.

The trading volume over the last 24 hours stands at approximately 89.32 million, representing 8.18% of the market cap, which suggests moderate interest and liquidity. The short-term moving averages are indicating bullish momentum, particularly the 8 SMA at $0.1898, which has increased by 0.69%, and the 13 SMA at $0.1887, up by 1.29%.

However, the 1-hour RSI is significantly high at 81, indicating that ARB may be overbought in the very short term. In contrast, the 7-day RSI at 47 and the longer-term price changes of -8.45% over 7 days, -11.01% over 14 days, and -2.76% over 30 days reflect a bearish sentiment in the medium term.

The all-time high for ARB remains at $2.39, achieved in January 2024, which suggests a substantial gap from the current price. This indicates potential for long-term appreciation if bullish trends develop, but also highlights the volatility and risks associated with ARB.

In conclusion, while the short-term indicators show bullish momentum, the medium-term bearish trends and high RSI suggest caution. Therefore, the recommendation for ARB is to Hold, allowing for further evaluation as market conditions evolve.