#Arbitrum continues its downward trend and has left the ascending channel that was formed in the daily time frame.

The downward trend line that the price continues to respect, and now after breaking the support level of $0.7350-$0.7850 , we can expect the price to continue decreasing to $0.5000 .

When the price can break the dynamic resistance and this failure is confirmed, the trend will change.

🏆Bitcoin's dominance reaches its highest level since April 2021.

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🇫🇷🇫🇷🇫🇷Bybit Halts Services in France Due to MiCA Regulations

Bybit, a leading cryptocurrency exchange, announced it will cease services for French users from August 13 due to new EU regulations.

Starting August 2, French accounts will be limited to “close-only” mode, preventing new deposits, positions, or purchases.

From August 13, all remaining open positions will be liquidated, allowing only withdrawals. This decision follows the upcoming EU MiCA regulations set to tighten anti-money laundering and terrorism financing rules from December 30.

📍 Since our channel often attracts newcomers or those unfamiliar with the crypto world, I frequently receive questions about crypto arbitrage, how to make money from it, where to start, and more.

➡️ Questions are great! I'm thrilled to have such an engaged and curious audience.
To address your main questions efficiently, I've decided to answer them all in one concise post.

Let's get started 😎

❓ What is crypto arbitrage in simple terms?
➡️ Buy crypto at a lower price, sell it at a higher price. Profit from the price difference. The spread is the difference between the buy and sell prices.

❓ What is a strategy? What is a loop?
➡️ A strategy is a sequence of steps for buying and selling. A loop is the process of transferring money from point A (where it's cheaper) to point B (where it's more expensive).

❓ What profit can I expect from a loop?
➡️ Profit depends on the strategy. Our strategies typically yield a spread of 2% to 5% per loop. 💰

❓ How long does a loop take?
➡️ Generally, it takes between 20 to 30 minutes, no more.👌🏻

❓ Is it safe? Are there risks?
➡️ Before we publish a strategy, we thoroughly test and verify it, ensuring it's completely safe. We use these strategies ourselves and guide you through every step. 💪🏻

❓ How long will a strategy work?
➡️ It's hard to predict, as many external factors can influence it. If the price differences equalize, the strategy becomes obsolete. When a strategy stops working, we remove it immediately.

❓ Can I earn money as a beginner?
➡️ Absolutely! There's no earning limit when it comes to crypto arbitrage. Our team will teach and support you every step of the way. Remember, everyone starts as a beginner! 🏆

❓ Why choose arbitrage? What are its benefits?
➡️ Arbitrage offers stability and predictability. Before you start a strategy, you can already foresee your final result. There are no surprises or high risks. Follow the strategy and earn. Plus, you see results immediately, right from the first loop, not sometime later🏄‍♂️

We have prepared a new relevant crypto-arbitrage scheme for you!