$MET I’ll watch for now, not chasing this rebound. In the past 24 hours it’s still down about 13%, yet it rebounded from around 0.219 to 0.238; the last 4 hours saw a 6.27% bounce. The price has recovered quickly, but the positions haven’t come back with it—more like a pullback after deleveraging, not yet confirmation of a reversal.
20:11 Verification: For U-perpetuals, 24-hour volume is $114M; spot is about $11.17M; Alpha is about $36.2M. Across all three endpoints and the Solana main pool, price is in the 0.237–0.238 range. In the last ~2 hours, OI has actually decreased by 2.89%. Over 4 hours, the funding rate is about -0.0048%. Over 1 hour, the buy/sell ratio by active trading is only 0.98. Overall long positions are about 55%, and longs among the top accounts are about 61%—the market hasn’t formed a unanimous pattern of chasing longs.
I only consider two ways to participate: follow if there’s a 15-minute volume surge and the candle closes above 0.243 and OI stops falling; or if it retraces to 0.229–0.233 on reduced volume and holds that level before entry. If the 1-hour candle closes below 0.220, the rebound structure fails.#MET #Meteora #Solana
20:11 Verification: For U-perpetuals, 24-hour volume is $114M; spot is about $11.17M; Alpha is about $36.2M. Across all three endpoints and the Solana main pool, price is in the 0.237–0.238 range. In the last ~2 hours, OI has actually decreased by 2.89%. Over 4 hours, the funding rate is about -0.0048%. Over 1 hour, the buy/sell ratio by active trading is only 0.98. Overall long positions are about 55%, and longs among the top accounts are about 61%—the market hasn’t formed a unanimous pattern of chasing longs.
I only consider two ways to participate: follow if there’s a 15-minute volume surge and the candle closes above 0.243 and OI stops falling; or if it retraces to 0.229–0.233 on reduced volume and holds that level before entry. If the 1-hour candle closes below 0.220, the rebound structure fails.#MET #Meteora #Solana
