Arbitrum (ARB) is experiencing significant price pressure, trading near $0.10 after a 45% decline over the past month. The token has dropped nearly 20% in the past week, reflecting broader market weakness as Bitcoin fell below $65,000. Despite the downturn, Arbitrum announced the launch of Robinhood Chain's public testnet on its platform, aimed at supporting tokenized real-world and digital assets. The ARB token, which peaked at $0.62 in August 2025, has been on a downward trajectory, hitting lows of $0.099 on February 5, 2026. Although the price briefly rebounded to $0.12, it remains under pressure. Technical indicators suggest continued bearish momentum, with the Relative Strength Index (RSI) in oversold territory and the Supertrend indicator signaling further declines. A potential bounce could target $0.13-$0.15, but a dip below $0.09 remains possible.