AR has beaten expectations for it's falling wedge breakout. It is the storage solution for Solana, so I guess it has been dragged along with SOL's massive run. Most likely scenario from here IMO is that the market will treat this move as the C wave of a massive ABC correction from the project launch, with a target of around $80. This would represent bearish sentiment but this is commonly the market assumption for projects until they prove they are not slowly making their way to zero! Arweave would have to complete the C-wave, retrace and then go on to make a higher high next bull market for the long-term bull case to be proven... Alternatively, if it breaks $150 this cycle, we would then assume that this is actually a bullish continuation from last cycle's highs as part of a wave 3. We will have to wait and see...