# Layer2擴容

Coin Analysis: Arbitrum (ARB)
As the leader on the Ethereum Layer-2 expansion track—having the highest TVL (total value locked) and the top market share—Arbitrum (ARB) has recently fallen in line with the broader crypto market, as it de-levers overall and liquidity tightens in the macro environment. Current price is consolidating around the key range of $0.089 to $0.092, as it builds a bottom.
Cycle phase: It is currently in the stage of extreme de-leveraging, capital rotation, and structural repair after a long-term, deep correction.
Support and resistance: The $0.089 level below has been est