$ARB - Last year, ARB had a sideways phase that lasted about 7 weeks. This year, the situation is not much different, with #arb currently around $0.5.
Normally, layer 2 waves will appear relatively late, usually after layer 1 has a strong price increase, especially when $ETH really breaks out. If AE intends to participate in layer 2 at this time, it is best to wait for ETH to increase in price and monitor the period before Eth's Pectra upgrade in Q1/2025.
With $ETH's layer 2 blockchains, there are currently almost no waves appearing. Only $OP currently has a pretty good chart, with a price target for this wave in the range of $5-$7.
Next is $STRK, this coin is about to have a staking feature and has been moving sideways for quite a while, with a wave target of around $1.5-2. For $ARB, although few people mention it like last year, but with a large capitalization and a chart that is breaking the strong upward trendline like $OP, the price target for this wave will be to the old peak around the 2,x$ area.
As for $MANTA , it seems that there is no new information, but it has a smaller capitalization than the coins mentioned, so it is likely not highly appreciated. The target for it is still towards the old peak in this wave.
Finally, with $SCR, its chart is quite new and the risk when buying is definitely 50:50.
Currently, the wave has just begun. The top coins in the layer 1, AI, and meme segments are leading the wave, so the current priority is still the coins in the above 3 segments, AE #binance