ARB's Market Cap

The current outlook for ARB’s market cap presents two possible scenarios. In the first scenario, continued bullish momentum pushing the market cap past $3.5B would confirm a macro bullish 3rd wave. Alternatively, if the momentum weakens and the market cap falls below $1.6B, this could trigger a further drop toward the $1.2B to $0.98B range.

Regardless of the short-term movement, both scenarios suggest a long-term target of a new all-time high, with $MUN:10B as my first target. Personally, I lean more towards the bearish scenario, expecting a decline before a future recovery.