Arbitrum's ARB token has surged over 20% in the past week, driven by a 222% increase in daily trading volume. The token's price has broken above the $0.5200 mark, with potential targets at $0.5825 and $0.6750 if the bullish momentum continues. This rally follows a breakout from a tight range between $0.473 and $0.572, supported by a positive Chaikin Money Flow reading. Bitcoin's stability above $115k is seen as crucial for maintaining ARB's upward trajectory, providing confidence to the broader market. Traders are focusing on liquidity zones near $0.56, which are expected to define short-term targets and reactions, as they monitor these levels for further bullish activity.